#CAT

The reasons for the bearish view are as follows:
1. The dealer has established a short order, and the Spot has dumped almost all of it. There is still a small amount of inventory left, which can be used to take advantage of the situation and eat a wave of short orders, achieving a complete exit from both Spot and contracts. Once the dealer is gone, there will be no one to maintain the price of this market, and it will only slowly downward trend.
The dealer is constantly jumping up and down in order to establish short order.
The doji on the 2nd of November is a bull trap situation. An excellent market maker will definitely break through the previous high of the 11th, set a new high, and attract retail investorLong.
3. The Trading Volume is sluggish, and the Market Maker has almost withdrawn from the Spot market. Moreover, the trading interest at this level is low, and retail investors are unwilling to engage in dumb buying at this level. As a result, the Market Maker can only get dumped. They will sell at an even lower level to retail investors.
4. The market continues to be sluggish, V神dump guiding ETH to plummet all the way
The situation where cat's meme of the same kind is ebbing, at this moment, is very similar to the previous alita.