Pessimistic sentiment is at an all-time high, but BTC is still rising? This is the most typical "counter-human behavior market."

There is a classic rule in the market: when everyone is bearish, the trend is most likely to rise.
The current rebound of Bitcoin just hits this kind of sentiment.
Macroeconomic uncertainty, geopolitical risks, market concerns—negative emotions are almost at their peak.
But precisely because of this, the shorts are crowded, and once the price rises, it will trigger short covering, forming a "passive buying" pressure.
This is what is called "short fuel."
So this wave of rise is not entirely driven by bullish buyers actively attacking, but rather by shorts passively pushing the price up.
How to see the high point of this phase?
As long as the shorts are still there, the market has the momentum to continue upward; but once sentiment shifts to bullish, be cautious.
— One sentence: The market isn’t rising for you to see, it’s rising for the shorts to see. #比特币反弹