Looking at the rhythm of $RIVER, the bulls' momentum is growing stronger. From the market performance, active buying has already surpassed the bears, and the previous wave of short sellers' momentum has basically been exhausted. The influx of new short positions has also significantly decreased—without new blood to replenish, a bullish reversal is only a matter of time.
It is expected to push towards around 17. However, a reminder to all bullish players: when the funding rate drops to -0.25, be very cautious, as this often signals that the bulls are heavily trapped. Instead of chasing the last wave of gains, it’s better to place a short order at 17.223 with a stop-loss. When it’s time to exit, you should do so. After all, chasing highs carries high risk, safety first.
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AirdropDreamBreaker
· 01-07 04:45
Are the bulls out of steam? I actually think this move by the main players is a bit risky. They started cutting profits when the fee rate dropped to -0.25. Let's see if 17 can hold steady.
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APY_Chaser
· 01-06 03:54
The short blood bar is insufficient, are the longs about to take off? I'm watching, but I need to be cautious of the 17 level; once the funding rate explodes, I'll cut losses and run.
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DAOplomacy
· 01-06 03:47
ngl the funding rate call here is giving "i've seen this movie before" energy... historically precedent suggests when everyone's positioning for the same exit, liquidity structures get non-trivial real quick. the path dependency on these micro reversals is almost predictable at this point tbh.
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StablecoinSkeptic
· 01-06 03:47
Ha, it's that same bullish narrative again, claiming momentum and new blood every time... Just listen, anyway, as soon as the fee rate drops, I’ll run.
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BoredApeResistance
· 01-06 03:26
The bullish momentum is strong enough, but that -0.25 pit is too classic, someone always steps into it... This time I choose to wait and see, wait for the rate to drop before taking action.
Looking at the rhythm of $RIVER, the bulls' momentum is growing stronger. From the market performance, active buying has already surpassed the bears, and the previous wave of short sellers' momentum has basically been exhausted. The influx of new short positions has also significantly decreased—without new blood to replenish, a bullish reversal is only a matter of time.
It is expected to push towards around 17. However, a reminder to all bullish players: when the funding rate drops to -0.25, be very cautious, as this often signals that the bulls are heavily trapped. Instead of chasing the last wave of gains, it’s better to place a short order at 17.223 with a stop-loss. When it’s time to exit, you should do so. After all, chasing highs carries high risk, safety first.