Long friends, pay attention. Don't continue to chase the market at this position.



ETH's recent rebound is a typical dead cat bounce. From a technical perspective, the rebound strength is clearly insufficient, and trading volume has not kept up. Continuing to chase longs at this level is no longer a favorable risk-reward ratio.

Market sentiment has not truly reversed yet. It is recommended to wait and see. Set your stop-losses and exit the market when needed. Don't let emotions influence your judgment.
ETH1.37%
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BearMarketBrovip
· 12-11 10:51
Dead cat bounce is just a dead cat bounce; it's long overdue to cut losses.
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BearMarketSurvivorvip
· 12-11 10:51
A dead cat bounce is just a dead cat bounce, stop fooling yourselves everyone.
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BearMarketSagevip
· 12-11 10:44
The term "dead cat bounce" is indeed very fitting; when the momentum can't keep up, it's just a signal. Another rebound, feels good for a moment but ultimately unthoughtful. Stay cautious, don't get caught up in FOMO.
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GateUser-40edb63bvip
· 12-11 10:42
Dead cat bounce this time isn't really meaningful. I'm also debating whether to buy the dip or just stay flat.
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MevWhisperervip
· 12-11 10:41
You should have listened to the advice earlier; it's obvious that a dead cat bounce is just for show.
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