At present, it feels that the market may rise, but the previous macro prediction was for a decline. However, this is not a contradiction, because the market can completely rise first and then fall to digest the good and bad factors.
The short market seems to be no longer active recently, and many currencies have changed from sharp declines to gradual increases. Market sentiment has changed, and it is recommended not to short short easily, because after several months of sharp decline, the market has begun to rebound and short squeeze. In addition, the prices of many currencies have fallen to all-time lows, and there is not much room for decline no matter how low they are. Moreover, the lower the currency price, the lower the cost for new bookmakers to enter the market and control the market. In such a market, if you want to survive, you need to quickly switch from bullish to bearish thinking, otherwise you will be easily exploited.