Retail investors are shorting, and there are actually more short sellers than long buyers.

Institutions are going long. Compared to 2020, which is four years ago, the greed and fear index can actually stay above 90 for a period of time, but this time it only lasted a few days, so it is highly likely that the upward trend has not ended. The decline can be seen as a spike on the daily chart.

This is my thought, feel free to leave a comment with your opinion.