$RIVER this wave of market movement is indeed quite fierce. The 4-hour chart shows a vertical surge, with RSI soaring directly to 96.6, entering the extreme overbought zone. Many people see this number and think a top is imminent, but that's not necessarily the case.
Looking at the data on the platform for long and short positions, the ratio has dropped to 1.25. What does this mean—most retail traders across the network are basically operating in reverse, aggressively shorting to try to top out. Meanwhile, the major players are using these short positions as fuel to trigger a violent short squeeze.
In this situation, technical indicators aren't very useful; it's mainly about market sentiment and capital game theory. As long as a pullback occurs, it presents an opportunity for those wanting to get in. Don't overthink it—just follow the market sentiment.
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SilentAlpha
· 8h ago
Damn, RSI skyrocketed to 96 and it can still be pushed higher. This is the main force bleeding out, while retail investors are all trapped on the short side.
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ForkInTheRoad
· 8h ago
Hmm, it's that old trick of short squeezing again. Retail investors just love to buy in at high prices. I'm truly convinced.
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MetaMaskVictim
· 8h ago
It's the same logic again: retail investors are shorting while the big players are squeezing, sounds very confident... but why do I always feel more vulnerable after being cut?
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EthSandwichHero
· 8h ago
The main force's squeeze this time is really fierce. Retail investors are all trying to top out, RSI is overbought, and they're still shorting? They deserve to get cut.
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MetaMisfit
· 9h ago
The main players are slapping retail investors in the face. This tactic is not new; they keep pushing even after RSI breaks out. Truly ruthless.
$RIVER this wave of market movement is indeed quite fierce. The 4-hour chart shows a vertical surge, with RSI soaring directly to 96.6, entering the extreme overbought zone. Many people see this number and think a top is imminent, but that's not necessarily the case.
Looking at the data on the platform for long and short positions, the ratio has dropped to 1.25. What does this mean—most retail traders across the network are basically operating in reverse, aggressively shorting to try to top out. Meanwhile, the major players are using these short positions as fuel to trigger a violent short squeeze.
In this situation, technical indicators aren't very useful; it's mainly about market sentiment and capital game theory. As long as a pullback occurs, it presents an opportunity for those wanting to get in. Don't overthink it—just follow the market sentiment.