The market always erupts in despair, develops in hesitation, ends in a carnival

 The market always erupts in despair, develops in hesitation, ends in a carnival 

For market expectations, the most important thing is to observe rather than participate easily. Only the emergence of extreme states has real dynamic trading value. The extreme state often comes from the high degree of unity of market consensus. As the saying goes, the market always erupts in despair, develops in hesitation, ends in a carnival, and starts again and again. The so-called despair and carnival is actually a time when market sentiment and expectations are highly unified, while hesitation is a stage when market differences are more intense. If the essence of expectation is "voting with money", then highly consistent expectation means that no more money will be converted into this camp, and there will be no greater force to push it forward. The collapse of this price and the collapse of the consensus alliance will only be a matter of time. In short, pay attention to those situations that have gathered a highly unified market consensus and have lasted for a long time - what does that say? You'll have to pay it back sooner or later.