Most retail won't admit the bottom is in until they're already holding bags.

Classic FOMO psychology - they need skin in the game before they'll publicly call it.

Meanwhile, smart money accumulated months ago while everyone was screaming bear market.

By the time normies are confident enough to post their bullish takes, the easy 3-5x is already gone.

This is why most people buy tops and sell bottoms. They need social validation before conviction.