Why do most people buy at the high point

Prices keep rising.
The news is all positive.
People around are making money.
At this moment, the crowd decides "It's time to get in."

Why?
Because people need confirmation signals.
Once the asset has already risen, the sense of fear diminishes.
It seems like the risk has decreased.
But the actual situation is quite the opposite.
The higher the price, the closer it is for big players to offload.
They buy silently.
Sell in frenzy.
The crowd is buying emotion.
Professionals are buying imbalance.

Conclusion:
If you feel "mentally at ease" when buying, you are probably already late.
The market profits from those
who make decisions influenced by emotions.