A dead cat bounce is a slang expression, derived from the English word "dead cat bounce," that has migrated from the stock market to the cryptocurrency market. It refers to a short-term rebound in an asset's price, followed by a continued decline. The phrase originates from the observation that a cat dropped from a great height will bounce slightly before dying.
For example, the price fell by 10% and then showed an increase of 3%. Many people start buying an asset expecting further growth, but instead its price falls again.
The information on this site is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended to conduct your own research (DYOR) before making investment decisions. Read the editorial policy at https://happycoin.news/about/