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Trading term

All time high (ATH)

The highest price an asset has ever reached.

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By the Orca Crypto teamUpdated 2026-09-01How we check this3 min readDefinition
Definition

The highest price an asset has ever reached.

An all time high is exactly what it says. It matters psychologically because above it, every single holder is in profit, which removes the supply of people waiting to break even before selling.

That is also why old all time highs often act as resistance on the way back up. A lot of people who bought there have been waiting a long time to get out.

In practice

Watch how price behaves at a previous all time high. Reclaiming it convincingly is a different signal from touching and rejecting it.

What people get wrong

That a new all time high means it is too late. It also means every single holder is in profit, which is a condition markets often keep going in. The number tells you where price has been, and nothing about where it is going.

Common questions

Does a new all time high mean it is too late?
Assets in a strong trend make many highs in a row, so a high is not by itself a sell signal. It does mean nobody holding is underwater, which removes a source of selling pressure.
Is the all time high the same on every exchange?
Close but not identical, because of thin books and wicks. Trackers usually quote a volume weighted figure, so a single spike on one exchange may not count.

Where to go next

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