#MarketRebound Don’t let a single bullish candle fool you into thinking the market is suddenly in a bull run! Yesterday, BTC surged by $9000, ETH jumped by $200, and altcoins followed suit. But guess what? This isn't stability; it's a temporary spike driven by hype.
Why do I call it a "death rebound"?
The news market is a meat grinder. Remember the last time the U.S. strategic reserve news caused a massive surge? The pattern is the same—prices shoot up due to news, then crash hard once the hype dies. It’s all fueled by hot air, and no real money is entering the market.
On-chain data tells the real story:
Whales are unloading behind the scenes.
Stablecoin reserves are unchanged, indicating little fresh capital.
This isn’t a bull market; it’s just internal funds fighting against each other.
And the technicals? A mess. The daily chart might look nice, but take a look at the weekly and monthly charts. The trend resembles a drug-induced high—quick spikes followed by an even bigger crash.
What should we do now?
Short-term traders: Strap in and set your stop-loss! This roller coaster could drop at any moment.
Long-term investors: Don’t be fooled by a bullish candle. Real bull markets take time to build, not just a sudden rise sparked by headlines.
Contract traders: Opening a long position now? You’re better off gambling in Macau—at least you’ll know how your bets end.$BTC
