From the Super Mario Wiki
Retrieved from "https://www.mariowiki.com/index.php?title=Falcon_Dive&oldid=2390073"
Falcon Dive is a special move that Captain Falcon can use in every Super Smash Bros. game. It is executed by tilting up, and pushing the special move button. Captain Falcon will then proceed to punch upwards, acting as a third jump. In addition, if he hits an opponent on the way up, he will grab them and cause an explosion, sending the opponent flying. Captain Falcon can use this attack multiple times consecutively, but only if it hits someone; if it fails to hit, he is left helpless. Ganondorf's attack, Dark Dive, behaves similarly to this move.
In Super Smash Bros. for Nintendo 3DS / Wii U, this move's two alternates are the Falcon Strike, which has a higher jump but Captain Falcon cannot grab opponents when using it, and the Explosive Falcon Dive, which has a more powerful explosion when hitting an opponent at the cost of jump height.