The last 2-3 significant bull cycles within BTC have been characterised with the bull cycle ending with a 95+ Monthly RSI reading indicating the bull run peak before subsequent correction. Charting the most recent bull market (if the bull run is signalled with the Monthly RSI breaking above 70), the subsequent 95 RSI reading (indicating a local bull market peak)...
The Equity Put/Call ratio has reached a low not seen in the last decade. The last 2 times it got close to this low the market corrected significantly beteween 25-30%. This may be a strong indicator of a market top - valuations in tech companies and the S&P are extremely stretched.
Given the ultra high PEs of the S&P 500 the ATR trailing stop loss will protect investors from large bear markets.