As Bitcoin continues its upward trend recently, on-chain analyst Crypto Dan stated that the more confident everyone becomes, the more dangerous it is. He said via X, "The greed index has risen significantly due to Bitcoin's rebound. The forces that move the market often show moves that give hope to market participants, and then stab them in the back. In fact, you can assume they almost always do that. As the recent rebound continues, many people are shouting that the market has already bottomed out and Bitcoin will break its all-time high as is. It's a world where if the rise continues, people shout a bullish view, and if the decline continues, they shout a bearish view. If you look at it from a different perspective than them, you might see the answer."
