✧ The imbalance between optimism and real flows is growing

✧ Capital is not entering the market, but being redistributed within it

✧ This creates an illusion of stability

✧ Which doesn’t last long

✧ The most dangerous part of this phase is the calm

✧ The absence of fear dulls attention

✧ Risk is perceived as insignificant

✧ It is in such moments that most people make mistakes