When most traders have strong opinions, market does the opposite

Most retail traders lose money.

• Recent huge daily moves lured a huge number of new retail traders --> fresh capital
  
• Lack of experience ~ poor risk management + emotional trades
  
• Quiet market encourages larger bets and leverage
  
• Institutional traders holding strong opinions about what market "should" do from now (consensus seems to be another +/-10% move)
  

Before the next significant wave market will do the opposite to what is currently a consensus: be boring, reduce the volatility. I call it a "Short FOMO" trade.