Feels like everyone turned bullish overnight., that’s usually when it gets risky!
Sentiment flipped really fast People calling for higher prices everywhere. Usually when things get crowded., market does the opposite. Markets often climb a wall of worry they rise while people are skeptical but once the skeptics give up and buy in., you run out of marginal buyers. If everyone who wanted to buy has already bought., the only direction left is down or sideways as people start taking profits.
I’m curious if this is real strength or just another setup?