A peak (from the English peak) is a local or global maximum of a cryptocurrency's price within a chosen time interval. After a peak is passed, quotes usually begin to decline, so traders carefully track such points on the chart. A peak can be either a short-term intraday fluctuation or a significant historical high to which the price does not return for a long time.

Why traders track peaks

• Identifying resistance zones where pressure from sellers increases.
• Assessing whether the market is overbought using indicators.
• Looking for points to take profit or to open short positions.

It is important to understand that it is practically impossible to accurately predict the moment of a peak: the cryptocurrency market is highly volatile, and one maximum may be followed by a new, even higher one. That is why experienced market participants rely not on intuition but on a combination of factors — trading volumes, price behavior near resistance levels and the overall market mood. The concept of a peak is closely related to the opposite term "bottom" (the minimum), and together they form the basic language for describing price movements.