I wonder if you have ever thought about this question: Today's market is extremely bullish, and the bulls seem to be able to make money easily every day. As long as someone shouts a fall, they will be criticized by everyone.
In February and March of this year, everyone was firmly bullish, and all kinds of investors rushed to increase their positions. Those who shouted a fall were regarded as outliers, but in the end everyone was ruthlessly harvested by the dealer.
When the bulls are harvested, the few remaining bulls will also turn into air forces. Once there is no counterparty, where can the short sellers profit?
It is important to understand that things will go to the opposite side when they develop to the extreme. When most people in the market are unanimously bullish (today Binance's bullish index is 72, which is an extremely greedy indicator), everyone must be highly vigilant, because it may not be far from a market reversal.
