Talking about consensus
There are two kinds of consensus as I understand it, one is true consensus and the other is false consensus.
The true consensus is formed by the dealers and main forces who have a general control over the rhythm of the macro economy to determine the approximate accumulation range to form the bottom. After the accumulation is completed, the price is pushed up by the joint force, the trend is ignited, and the trend is maintained to help the trend break through.
In the false consensus, retail investors see the price changes, their emotions are controlled by the market, the market is controlled by the main forces, and retail investors are completely led by the nose, creating a false image of prosperity or panic.
The true consensus is in the dark, and the false consensus is in the light.
The true consensus is weak, but concentrated; the false consensus is strong, but dispersed.