RIVER's short sellers are still stubbornly holding on. At this rate, liquidation day shouldn't be far off. I've repeatedly emphasized multiple times that you absolutely shouldn't short at this position—go long if anything. Yet some people still won't listen and insist on trading against the market trend. At the end of the day, it's a game between greed and fear—those with guts made good profits, while the timid ended up with nothing.

The key is that the project's founder has already made it clear—institutional capital is laying out positions on a massive scale. Institutions aren't brainless retail traders; their entry itself represents the direction. How clear is this signal?

The issue now isn't technical analysis, but mindset. Short players are betting on a decline, but the logic behind this institutional wave is completely different. With that level of capital at play, it's hard to imagine institutions shorting at the bottom. So those who keep buying the dip will likely be the ones laughing all the way to the end.