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You know how people started getting bearish on Crypto after October 10th? And the whole way down it was told to be a good buying dip opportunity because "everyone is bearish" was a counter trade?
Just a reminder that in a bull market the masses are really bullish and they are also correct.
I hope I'm wrong but stocks look like they could continue to do the same and people will keep saying "great time to buy since everyone is bearish".
I love countertrading sentiment but sometimes retail is right. When I see screenshots like I saw in the bull market of retail making a ton of money shorting I'll consider that a more actionable trade.