This data is actually quite critical: the market has risen for 13 consecutive days, reaching an extreme position since 2007. Sentiment has shifted from cautious to highly consistent optimism; the short-term is indeed a bit overheated, but the overall trend has not been damaged.

More importantly, this indicates that sentiment is transitioning from pessimism to stability. It is not a trend reversal signal, but being able to pull up for 13 days at the tail end of high interest rates, while liquidity remains tight, essentially shows that risk appetite is recovering, and funds are starting to actively buy risk assets instead of continuing to pull back.

For me, the key has never been about "whether there will be a correction," but rather: after a correction, is there buying power willing to step in, how strong is it, and do funds have the courage to continue adding positions under high interest rates. Based on the current speed of sentiment recovery, the main contradiction in the market has shifted from "fearing an economic issue" to "fearing missing out."