$CATI
🚨 $CATI Rebound Update: Is the Reversal Here? 🚨
On the day of $CATI 3, I pointed out in the comments that 8 million contracts were flowing in, signaling a potential oversold rebound. Fast forward to today, and while the data shows the main spot flowing out, we’ve seen a significant increase in contract holdings. This suggests a large bubble, indicating that a true reversal might not be here just yet. 👀
💡 What Does This Mean?
The rebound remains the primary focus. While the rebound has already seen some upward movement, it’s wise not to chase the peaks just yet. ⚠️ Patience is key—wait for the price to stabilize and move sideways before making any new moves. 📊
🦁 Lion’s Insight
The market still leans towards a rebound—the question is how high? With 5280 being strongly broken, it’s not the right moment to go short just yet. Wait and observe the movement carefully before making any decisions. 💼
📌 Key Takeaways:
1️⃣ Don’t chase the highs during this rebound.
2️⃣ Wait for sideways movement to gauge the next move.
3️⃣ Observe the market carefully before going short.
Stay informed and watch the trends closely! 📈
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