$RIVER Why is it so strong at pulling, it just hit 60 a moment ago\n\nIs there anyone who bought in single digits? Truly free now

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TurnIntoChangshengRoadFromvip
· 4h ago
Raising spot prices is to widen the basis and absorb contract capital costs. The liquidity of the spot market is insufficient, and large players are controlling the market strongly. Essentially, the market is dominated by contracts. Starting from $40U, the big players have been offloading, and the contracts have been shrinking in volume. In the middle, on the afternoon of the 22nd, a V-shaped move occurred, and retail investors' long positions were absorbed, then pushed up to around $50, and continued to close positions. Now, they are betting on when the big players will finish offloading and start holding short positions to push the price down. Recently, the popular altcoins have been in a downward trend, making shorting uncomfortable. When the price dips slightly, retail investors' long positions get liquidated, causing a rebound.
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TravelingThroughTimeAndSpaceInvip
· 4h ago
It's impossible not to sell now, unless it's a whale! Fluctuating back and forth, just to shake out the weak hands.
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CenSimingvip
· 4h ago
Each platform is different
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GateUser-a3e50ea4vip
· 4h ago
Each platform plays its own game
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