The biggest downtrends start when everyone is super bullish. Likewise -- the biggest uptrends start when everyone is super bearish. Everyone is extremely bullish right now, which means it's a great time for institutional and family office selling because they know they will find plenty of retail buyers here. It can still definitely go up from here -- and there's plenty of narrative and TA to support that -- but just remember that bear markets start from the most bullish places imaginable and bull markets start from the depths of hell.