A bull market peak is the highest point prices reach at the end of a long uptrend. It marks the turning point where the broad move higher stops and the next phase usually begins. In finance, a bull market is a period when asset prices rise for months or years across a market or sector. Many commentators use a 20 percent rise from prior lows as a rough yardstick. The peak is the final high of that advance, after which the market fails to make new highs and the uptrend ends. In real time it is hard to call, because optimism is strongest right at the top.
Markets rarely announce the top. During peaks, sentiment is upbeat, headlines are positive, and many investors expect gains to continue. Because confidence is high, many participants only recognize the peak after prices roll over. Even professionals find timing tops and bottoms difficult.
Several patterns often show up together near the end of a bull run:
These signals are not perfect on their own, but a cluster of them can hint that the uptrend is running out of steam.
In crypto markets, bull phases are often linked to attention waves and big narratives. Examples include new all-time highs for major coins, a jump in exchange sign-ups, higher trading volumes, and heavy media coverage. Community tools that track sentiment, such as fear-and-greed gauges, also tend to register extreme greed late in the run.
A bull market can roll over for many reasons. In crypto, negative ecosystem news, major hacks, exchange failures, or tighter regulations can cool demand. Broader macro shifts can also play a part, such as changing interest rate expectations that push investors toward safer assets.
Once a peak is in place, markets often transition into a downtrend. Media tone and investor behavior change as optimism fades. Some analysts label bear and bull markets with plus or minus 20 percent moves, but there is no single rule that works in every case.