🚨 BofA's Bull & Bear Indicator has hit 𝟵.𝟲 — the highest since December 2020 and the 𝟯𝗿𝗱-𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗿𝗲𝗮𝗱𝗶𝗻𝗴 𝗶𝗻 𝟮𝟰 𝘆𝗲𝗮𝗿𝘀. 5 of 6 components now flash bullish, with fund manager cash allocation dropping to 𝟯.𝟲% — near the lowest in 13 years. Investors are nearly fully deployed, with limited dry powder remaining. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Extreme bullish sentiment is a classic contrarian sell signal. The last time this gauge hit 9.6 was December 2020, shortly before a correction. With cash allocations near 13-year lows, there's little sidelined capital left to push prices higher — the fuel for further upside is running thin. For BTC and crypto, this is a risk-off warning. When equity sentiment peaks and rotates, BTC typically correlates to the downside. Combined with the 10Y at a fresh 52-week high and the 30Y above 5% for the longest stretch since 2007, 𝗽𝗲𝗮𝗸 𝘀𝗲𝗻𝘁𝗶𝗺𝗲𝗻𝘁 + 𝗿𝗶𝘀𝗶𝗻𝗴 𝘆𝗶𝗲𝗹𝗱𝘀 is a historically dangerous combination for risk assets. Watch the one neutral component — global stock market breadth. If it catches up, euphoria is confirmed; if it diverges further, the rally is narrowing. source: KobeissiLetter Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1563(Hupzy (Spot On Chain))