$RIVER Caught the cryptocurrency ATM, achieving both long and short positions 💥
I went long based purely on the movements of the whales; the long entry was because the on-chain whales continued to increase their holdings in conjunction with market makers, with a target of 15; it continuously rose to 17;
At point 14, I notified fans to go short at the first line, holding for about two hours, achieving a doubled profit of 1000 dollars, just at the lowest point close to 1300 dollars.
The understanding of building short positions is also quite simple; firstly, in such a declining market and with continuous outflows on-chain, it can be reasonably determined that a rebound is the best entry point for short positions.
For the next trade, I will continue to position, looking forward to Sister Fei's short to medium-term approach @糖糖在带单
