The bears have become timid, can Bitcoin still soar?
Compared to the bull market of 2021, the bears are clearly much more timid now.
Throughout the bull market until now, there has only been one real 'short squeeze' event, which was during the pullback when Bitcoin approached $80,000; at other times, the bears have been cautious and hesitant, not daring to make reckless bets.
This reveals a signal: the bears are becoming increasingly fearful, and their sentiment is becoming more conservative. In the trading world, when bears are afraid to enter the market, it usually signals a bullish outlook for the bulls.
In simple terms: a timid air force means it's springtime for the bulls.
