$RIVER Immediately Long! The daily chart has been rising for three consecutive days. At first, I thought it was just a rebound, but the fact that it has rebounded for three days in a row indicates this is not a mere rebound—it's likely to set a new high.
Looking at the daily chart pattern, the possibility of setting a new high is very high. Checking the contract data, the proportion of retail traders shorting is already close to 70%, and the proportion of large players shorting has reached 71%.
However, when analyzing positions by volume, large players' long positions account for 48%, indicating that the big players have opened substantial long positions. Therefore, the price will continue to rise, squeezing out current short positions before a potential decline. Always DYOR.
RIVERUSDT
دائم
21.95
-13.83%