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Dead cat bounce or relief?

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by COINS NEWS 109 Views

When I woke up this morning ETH and BTC were up by 10% and many top 100 alts were up between 20-30%.

Rollercoaster ride!

Now I really had expected this all to go up again before my fresh fiat comes in to buy but this fast? Nah.

Could perhaps all of you kind pessimistic bearish realists give me a good dose of FUD so that I feel better knowing again that the low prices will stay for at least a few months or even years?

Because from what I read here yesterday there was no shortage of absolutely convinced and convincing people who were sure this is not the end of the fall.

Is a deat cat bounce this big? What even caused such a sudden buy-rush in the middle of all the fear?

Any thoughts on this? Also do you think this small relief will even survive the day?

Note:In any case I hodl and even these "better" prices now are still 50-70% under my average on most of my coins. Just a few weeks ago I would have jumped at such prices. Odd how feelings change and now it almost feels like having missed out for no reason at all.

submitted by /u/DecoupledPilot
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