Also make sure you don't start moving until the little white dot has done one full lap around the track, so to speak. I mean, let the example happen one time before you try to repeat it.
I didn't get stuck at the point you're at, but I had trouble with Carla's yo-yo as well as with another climbing part later in the game, and in both cases waiting for the little white dot to do its thing before I tried to do the motion solved the problem.
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