"Korea Retail Leverage Liquidity Flow" data clearly reflects the current market sentiment. Compared to the April–May period, investors now have much stronger conviction, making this an environment where FOMO can become even more intense. Btc market has already gone through a meaningful correction and spent an extended period moving sideways. At the same time, a wide range of technical indicators, cycle models, and on-chain data are all pointing toward a market "bottom" or at least a "knee." As these expectations build, the market continues to produce bullish signals that reinforce investor psychology and fuel even more FOMO. So how do investors respond? Experienced investors and traders will likely take a more conservative approach by focusing on spot positions. However, less experienced investors often want to recover previous losses or maximize potential gains, which eventually leads them to use leverage. The problem is that people rarely use high leverage unless they have a strong level of conviction. In fact, the "Korea Retail Leverage Liquidity Flow" data has been rising sharply again since January of this year. This suggests that Korean retail investors are once again increasing their use of leverage based on renewed confidence in the market. In my view, this kind of behavior is unlikely to emerge unless investors have developed strong conviction that the market will continue moving higher. @ForeDex_Global(mignolet)