I believe i've seen more people that are optimistic in regard of bitcoin price than the one that's waiting for it to go down. Most of them are very sure that bitcoin eventually will hit $100k, there are many CEO of investment companies and also influential billionaires making such statements.
the one that keep saying bitcoin is too expensive and it need to go down so they can DCA is probably the same people that are so afraid to buy bitcoin whenever it got dumped, i've seen that kind of people too.
yea, there is no sell pressure left right now. But Bulls are scared
People are worrying that $74k is the ATH for this bullrun, things are uncertain though, but previous bullrun also have this same vibes, some people scared at bear trap, some are optimistic and keep bagging, difference is that right now the one that hoard the most are those investment companies managing billions, they doesn't seem to have fear on the other hand the retailers are anticipating for the worst therefore hesitate a lot in buying more.
personally though, this is just aftermath of ETF inflow streaks where people are FOMO for the ETF, things has been pretty rough after breaking the ETF inflow records, now people want to withdraw after hypes subsides. will eventually become normal again I guess.
