The bull has returned, but why are there still so many people who do not believe it? Because they are afraid after being deceived. It's just like the story of the boy who cried wolf.

The bull market in 2021 saw prices rise to $69,000, and market sentiment was extremely high, with many predicting $100,000 or even $1,000,000. What happened? There was a deep correction down to $15,000, which wiped out many people.

In March of this year, when prices rose to $73,000, the bull was back, and many were predicting $100,000 and more. The result? It corrected again to $49,000, trapping a large number of people.

Until recently, on the day of the U.S. election, prices spiked to $75,000, and most people no longer believed in any bull market; nothing about Trump coming to power or the Federal Reserve cutting interest rates seemed to matter. People just stopped believing, and some even thought they could catch a deep correction to short. But what happened? The bull came sneaking in like a thief.

So, is the current market really a big bull, or is it just a deeper trap? We need to look at the overall bets of traders around the world to find out.

Who would have thought that on an ordinary weekend, prices would quietly rise to $80,000? Most traders know that there isn't much action over the weekend, yet it crept up quietly. This is one of the principles of buying when no one is paying attention and selling when the noise is loud.

So, does the current market sentiment count as a noisy crowd?

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