Bitcoin sentiment hit rock bottom after that brutal 35% drop.
Since we're trading under my key bull threshold at 102.5k, I'm not expecting fresh all-time highs anytime soon. The chart structure isn't backing that narrative either. That said, we'll probably see a relief bounce heading toward that zone—classic dead cat scenario. When it happens, it'll just be a higher timeframe pullback within this broader bearish phase.
The technical setup tells the story: momentum's gone, structure's broken, but short-term traders might get a window.
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GateUser-1a2ed0b9
· 11-30 08:44
A 35% fall is nothing; only those who endured 2018 know the pain.
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MEVSandwichVictim
· 11-30 08:13
Dead Cat Bounce is here, and it's going to be washed again.
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rekt_but_not_broke
· 11-29 14:31
Dead Cat Bounce is already good enough, don't think about ATH.
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AlwaysMissingTops
· 11-27 10:03
102.5k That hurdle needs to be tested repeatedly, Dead Cat Bounce just has those few days of opportunity.
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BitcoinDaddy
· 11-27 10:01
Hmm... the Dead Cat Bounce trick is here again, really annoying.
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MainnetDelayedAgain
· 11-27 09:57
According to the database, it has been 17 days since the last promise of "upcoming Rebound," and the dead cat bounce phenomenon has become an art of time, suggesting it be included in the Guinness Records.
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GasDevourer
· 11-27 09:45
falling and falling, when will it hit the bottom?
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MysteryBoxAddict
· 11-27 09:41
The dead cat bounce has come, this rebound is just a trap.
Bitcoin sentiment hit rock bottom after that brutal 35% drop.
Since we're trading under my key bull threshold at 102.5k, I'm not expecting fresh all-time highs anytime soon. The chart structure isn't backing that narrative either. That said, we'll probably see a relief bounce heading toward that zone—classic dead cat scenario. When it happens, it'll just be a higher timeframe pullback within this broader bearish phase.
The technical setup tells the story: momentum's gone, structure's broken, but short-term traders might get a window.