PANews reported on March 5th that BitMEX co-founder Arthur Hayes posted an article on the X platform early this morning, pointing out that Bitcoin has not yet decoupled from US SaaS technology companies, and the current rebound may just be a "dead cat bounce." The market is not out of danger yet, and he advised patience.

Note: Dead Cat Bounce is a stock market term referring to the phenomenon where a stock price briefly rebounds after a prolonged decline before continuing to fall. It originates from the metaphor of a cat bouncing back up after falling from a height.