Recently, I have been paying attention to some market trends of $RIVER . The afternoon decline looks like a typical trap set by the bulls—there are too many bears, and the market makers usually first trigger a short squeeze before taking further action.
From on-chain data, this position is not suitable for shorting for now. The current situation is testing the resolve of the short-term bulls. Intraday trading should mainly focus on buying the dip. If you hold short positions, be sure to closely monitor your take-profit and stop-loss levels to avoid being caught in a reverse move.
Also worth noting are the $HOLO and $PEPE pairs, which may show strong performance after the US stock market opens tonight. Those who are optimistic about these tokens in the short term can prepare in advance. The key is to control risk well—greed is the biggest taboo during this rebound.
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ColdWalletAnxiety
· 12h ago
It's another trap to lure in buyers, short positions are being wiped out fiercely, keep an eye on your stop-loss, brothers.
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¯\_(ツ)_/¯
· 12h ago
The trap is coming again, and the short sellers are about to be washed out again. What must come, will come.
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Degentleman
· 12h ago
I've seen this manipulation to induce a short squeeze many times before; when the bears are supposed to explode, they always end up exploding.
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LightningClicker
· 12h ago
The bear trap trick is getting really old, but some people still fall for it. Let's wait for the US stock market to open and see how HOLO and PEPE perform. It feels like tonight will be interesting.
Recently, I have been paying attention to some market trends of $RIVER . The afternoon decline looks like a typical trap set by the bulls—there are too many bears, and the market makers usually first trigger a short squeeze before taking further action.
From on-chain data, this position is not suitable for shorting for now. The current situation is testing the resolve of the short-term bulls. Intraday trading should mainly focus on buying the dip. If you hold short positions, be sure to closely monitor your take-profit and stop-loss levels to avoid being caught in a reverse move.
Also worth noting are the $HOLO and $PEPE pairs, which may show strong performance after the US stock market opens tonight. Those who are optimistic about these tokens in the short term can prepare in advance. The key is to control risk well—greed is the biggest taboo during this rebound.