CATI technical analysis: weak rebound, bears in control, market panic intensifies!
From a technical perspective, CATI's MA30 rebound has been slow to reach the top, showing obvious fatigue. The recent surge in on-chain trading volume, especially the violent release of selling orders, has made the pressure of bears more obvious. The current market panic is spreading like a virus, and investors' confidence is collapsing at a speed far exceeding market expectations. The short-selling force is steadily advancing, and it seems to be paving the way for a deeper downward trend.
Faced with such a market environment, investors need to remain vigilant and make prudent decisions to avoid being trapped by potential risks. Lao Lin reminds everyone to pay attention to market changes and do a good job of risk control in order to stay awake in the storm!
