>WHAT IS A DEAD CAT BOUNCE >WHAT IS A DEAD CAT BOUNCE >WHAT

>>2226935
already sold

Yeah, just sold. Gonna pick it up on the dip around $185.

>>2226935
>people trying to trick newbies into thinking the inevitable normal market correction at $200 is a dead cat bounce
rude

Who's the asian? Looking to crash my cum on the floor.

>>2227662
Seconded. I want to give her HPV.

>>2226935
Do dead cats bounce?

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>>2227662
>>2227697
https://twitter.com/kawasaki__aya?lang=en

>>2227296

sold at 190 eth

this recent run was the last gasp before massive chinese selloff june 1

>>2227785
based anon

thank you

>>2227943
You do realize Chinese are STILL pouring huge chunks of capital into crypto... even with their BTC frozen on the exchanges, right?

Chinese will put their money into anything and everything to get away from their currency and low trust economy.

Theres not going to be a sell off. Screencap this now.

>>2227943
wat

>>2227967
source?

>>2227943
if all the Chineses sell at once then ETH and BTC may go negative and the bag holders will owe money

https://www.cryptocoinsnews.com/china-waking-ethereum/

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>>2228187

>>2228187
Can someone explain to me why this could be anything but great news for ETH?

>>2227943
Why would chinese sell? Moreover, what could they sell? Can they even buy eth?

>>2228324
The chinese are looking for long term relatively stable stores of value to get their wealth out of the country.

Buying some fuel for a blockchain computer with a not yet determined supply probably doesn't seem like a great proposition to them.

>>2228344
especially when its hovering near all time highs

i still think its gonna dip. time to find out. sold 2k in anticipation

>>2228365
Stupid no coiner.You sold before the launch ,i'll be laughing from he moon

>>2228175
Kek

>>2227335
Bro, it's going lower than that...

>>2229570
...

why isn't ETH dropping i nened to buy the dip

>>2229775
Just give it time, anon. 24 more hours give or take. This type of price increase cant go on forever because there's only so much FOMO people can have, and when they stop buying and the panic selling starts, the exact same thing will happen that BTC just experienced a few days ago where it dropped from 2500 to 2100 in hours

>>2230011
i've been telling myself this all weekend and i want to buy in but it just keeps going up :/

>>2230011
so this is a bad time to buy into eth? is it a bad time to buy into btc too?

>>2230120
I know the exact same feeling famalam, i sold 30 coins in the 160s yesterday because I was expecting the crash. I feel sick now because thats about 1000 bucks in profit I missed out on if i had waited to sell. So im obviously not the best trader.

>>2230132
I think you should wait. Here's my logic. I think that we are near the (short term) top right now and I think relatively soonish the price will come crashing down. Ive seen whales and bots pumping today, I saw huge huge buy orders for hundreds of ETH going through in the 180s and 190s and 200. These whales will dump soon and when that happens, every normie who bought yesterday and today is going to panic sell and it will cause ETH to dump very quickly. Basically the exact same thing as what happened to Bitcoin a few days ago. The price pumped so high that no one wanted to pay that much anymore, so they stopped buying and everyone who bought near the top got scared and sold. This price action may keep going up in the short term but it can not go on forever. In fact, if it does break ATH tonight that's even better, because the higher it goes the more people will have bought because of FOMO, which means later there will be more people selling because of fear. That means bigger crash and cheaper prices for us. Another big thing is everyone is so excited that Huobi is adding ETH, thats part of the reason why ETH is spiking right now. Huobi only makes up 3% of China's crypto market, it's fucking nothing. It's like XBY on yobit; everybody shills it but nobody cares. And when the price action reflects that nobody cares by stagnating instead of mooning like people expect, the selling will start.

I have buy orders set at 150, 140, 130, and 115. No idea if it'll go that low, but totally possible.

>>2230198
>FOMO
whats this stand for?

>>2230198
I bought a bunch for 160
Thank you loser.

>>2230235
fear of missing out

>>2230235
fear of missing out

>>2230198
thanks man, i appreciate the advice

>>2230249
and I hope you buy a bunch more when the price dips to 115 instead of panic selling.

Why is everyone so rude? I know its 4chan and it's cool and edgy to be a dick, but there's no reason for this.
>>2230235
exactly what >>2230120 is describing. You see the price going up and up and up without you, and the second you decide to buy in is when it starts to tank.

>>2230198

Same, I have buys set from 130 to 100. If it doesn't touch that bottom, I'll buy up till $140.
I put my orders in a few days ago so hopefully if it does flash dump on the back of shorting/longs being liquidated I'll get a taste

>>2230251
>>2230254
ah thanks

>>2230270
thats exactly what im hoping for, flash crash to fill my orders and then bounce right back up to the 160s or even higher

>>2230278
yeah, price doesn't stick around at the extremes for too long, the market doesn't want too many people to get aboard before it takes off

>What is a late sell
>What is a late sell
>What is a late sell
>What is a late sell
>What is a late sell

The dead cat bounce already happened. The dip is over. DERP

WE'RE STILL IN A BULL MARKET YOU STUPID FUCKS, SELL NOW AND YOU ARE A MORON

>>2230266
Nut up, bitch

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Dead cats don't bounce to all time highs. If you sold you are a shit-brained retard

Please understand that you should take your profits and consider it a fair trade. Then buy the inevitable dip. Just looking out for my /biz/ers

>>2226935
Do dead cats bounce this high?

>>2230266
>1 reply, which doesnt even tell this cuck to lurk more or gb2 red.dit
lel cuckchan really has gone to shit since at least moot nuked /pol/
plebbitors and newfags came in droves since /pol/ was turned into /b/ and polacks all save the shills fucked off to 2xchan mostly so kikes could sell more ads here and moot could virtue signal to his cohort of goons
>b-but /pol/ is still alive and popular
lel find me one thread that's redpilling these nucucks with even just infographics

>>2230349

>parabolic rise in btc followed a 40% rash
>"its a bull market guys... honest"
>thinks everything isnt still tied to btc

Your right anon, just hold. its different this time

>>2230761
Wasn't retarded be sensible. Hindsight is 20/20 faggot


also if you sold you're retarded

>>2231268
>>2230761

If you hold ETH after it hits an ATH you're retarded.