Everyone's chasing the same trade right now.

When the crowd gets this concentrated, when everyone's positioned the same way, when the "obvious" play becomes consensus — that's usually when the setup stops working.

Not saying it crashes tomorrow. But when you see this kind of uniformity, the asymmetry shifts. The easy money's been made. Now you're just hoping there's a greater fool.

This is how most people get hurt. Not by being wrong about fundamentals. By being right at the wrong time, with everyone else.