Retail Investors: Whoever buys is a fool
Institutions: Not buying is a fool
Top Institutions: Not using the user's money to buy is a fool
This time institutions are even more FOMO than retail investors, it feels like if they don't buy now, they won't be able to get it at such a low price anymore, it's outrageous.
In previous bull markets, it was always institutions that were sacrificed, but this time it seems like there haven't been any sacrifices, only retail investors shorting that have been sacrificed.