To retract or undo a bid on eBay, follow these steps:
1. **Sign In**: Go to the eBay website and sign in to your account.
2. **Go to Bidding**: Once you're logged in, click on "My eBay" at the top-right corner of the page.
3. **Find the Item**: Under "My eBay," find the item for which you want to retract your bid. You can do this by clicking on "Bidding" from the menu on the left side of the page and then selecting "Bidding History."
4. **Retract Bid**: Next to the item, you'll see an option to "Retract Bid." Click on this option.
5. **Confirm Retraction**: eBay will ask you to confirm your bid retraction. Provide a reason for retracting your bid (such as entering the wrong amount) and click "Retract."
It's important to note that there are certain conditions under which you can retract a bid on eBay. For example, if you placed a bid by mistake, if the item's description changed significantly after you placed the bid, or if you can't contact the seller, you may be able to retract your bid. However, eBay may limit the number of times you can retract bids, and repeated bid retractions may result in account restrictions. Always review eBay's policies and guidelines regarding bid retractions before attempting to retract a bid.