🚨 Are you waiting for euphoria to know that the market has reached its peak? Be careful... you might already be late
Using the phrase 'we haven't seen euphoria yet' as evidence that the market hasn't reached its peak is one of the most common mistakes among traders. And the strangest part? The same sentence was repeated verbatim at the peaks of previous cycles.
The reality is that the majority who bought at the peaks did not feel any euphoria at all. So how can a feeling not experienced by most participants be used as a measure of market sentiment?
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