Buyers Beware: Market could be in a dead cat bounce

I think it's good to keep in mind that it's a possibility that the bull market ends and we enter a bear market. A sign we could be in a dead cat bounce would be if price gets close to the previous ATH (5-10% off) and then stalls and reverses hard.

Kommentar:

If this is not a dead cat bounce I'm expecting eth to continue to the next fibonacci line 1135 usd. The best confirmation for this would be a move above previous all time high, however if one is willing to take on a bit more risk a move above 763 would indicate we are pretty bullish

Kommentar:

at the moment this is looking very bearish