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What Is a Dead Cat Bounce? 🙀

A dead cat bounce is a temporary, short-lived recovery of an assets price from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery, or small rallies, during which prices temporarily rise.

The name "dead cat bounce" is based on the idea that even a dead cat will bounce if it falls far enough and fast enough.

Hodler exploring web3. Solana airdrop farmer, bitcoin solo miner, Helium network miner, and Medium blogger. Sense channel mod.

Can a woman be as good in the crypto world as a man? I want to check it⚖️                                            ▫️creator of the channel /sense

It’s easy to see when shown to you, much harder when you pick it out for yourself . 🥸🥸🥸

It takes a lot of practice to see it on a chart, but the information is interesting, thanks dear)☺️

Thanks Steve for the interesting information 🫶😊

Why not down a mountain slope? After all, there are springboards and sharp drops there too )
Cat sounds great too and more userfriendly )
Great cast brother! Many thank you!

If you throw the cat hard enough it will bounce one time 💃