Recently, the market has shown some recovery, but the rebound has not been strong enough. Just look at the performance of mainstream coins — BTC is still well below its all-time high, with a gap of over 20%; ETH has more room to rise, with a difference of over 30%; Dogecoin is even more obvious, still 80% away from its high. As for those smaller coins, the gap is even larger. Short-term rebounds are one thing, but returning to previous highs will depend on the subsequent strength.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
AirdropJunkie
· 9h ago
Come on, a rebound? I don’t even dare to look at my holdings...
---
ETH is down 30%? Looks like I won’t break even until next year
---
Dogecoin is still 80% away from its high, oh my god... how long will it take to turn around
---
Mainstream coins are all like this, nobody wants small coins anymore, right?
---
A rebound is just a rebound, we’re still far from the high, patience is needed
---
Looking at this data, I’m even more anxious. Being 20% away from BTC is nothing, how will other coins survive?
---
The current momentum is simply not strong enough, any bit of bad news can push it down again
View OriginalReply0
GasWaster
· 9h ago
ngl the gap sizes hitting different... btc 20% down is whatever but that doge 80% spread? that's the real tragedy. been watching gas trackers spike every time i think about buying the dip, cost-basis nightmares incoming fr fr
Reply0
ApeShotFirst
· 9h ago
Oh my, is this the rebound? A 20% gap and you want to pop champagne? Haha
BTC is still far from that, let's wait and see
Doge is still 80% away from the high... I can't even look at my holdings
Smaller coins are even worse, a direct 50% cut, is that okay?
It depends on when they really start to gain momentum later on, guys
View OriginalReply0
Liquidated_Larry
· 9h ago
Rebound my ass, BTC only rose 20% and the gap already scared everyone so badly. How strong does the momentum need to be?
Recently, the market has shown some recovery, but the rebound has not been strong enough. Just look at the performance of mainstream coins — BTC is still well below its all-time high, with a gap of over 20%; ETH has more room to rise, with a difference of over 30%; Dogecoin is even more obvious, still 80% away from its high. As for those smaller coins, the gap is even larger. Short-term rebounds are one thing, but returning to previous highs will depend on the subsequent strength.