$RIVER's recent trend has really been puzzling. A few days ago, I advised everyone not to rush into shorting. So what was the conclusion? Many people still stubbornly got caught in it, and what happened next? They got squeezed out immediately. Now we're at another extreme—just hearing the words "high position," and a bunch of people rush in to open short positions. Ironically, these people are actually not confident inside; they turn around and argue with themselves: "Who am I not shorting for?" As a result, they get trapped again and again.



Honestly, the direction of this round of market movement can't be guessed or gambled on based on guesses and emotions. The phrase "high position" sounds solid, but the real risk is often hidden in the so-called "consensus." The more market participants are firmly bearish, the more the opposite force sometimes brews. Instead of being swayed by market sentiment, it's better to first think clearly about where your stop-loss point is and how deep your understanding of the underlying asset is. Whether $RIVER is a pullback or a reversal depends on the subsequent trading volume and the performance of key support levels.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
CrossChainMessengervip
· 01-08 09:42
Once again, I got cut as a leek. It really has a rhythm to it. The consensus reversal strategy really works once or twice, but trusting it every time is just ridiculous. What confidence do the short positions at high levels have? Honestly, it's just throwing a tantrum.
View OriginalReply0
not_your_keysvip
· 01-07 21:15
Here we go again, a bunch of people following the trend and shorting. This time, you really need to be smarter. Few listen to advice; everyone has to learn the hard way. Don't move your stop-loss before thinking it through, really. High-level consensus is the most harmful; unanimous bearishness is actually more dangerous. $RIVER, look at the volume in this wave, don't let emotions drive the rhythm. Knowing you'll get trapped but still insisting on shorting, what are you thinking? The stronger the consensus, the greater the risk. Remember this trick.
View OriginalReply0
TxFailedvip
· 01-05 11:50
ngl, watched this exact play unfold three times this cycle already. the "everyone's shorting so it must pump" energy is real and it always extracts the same victims lmao. learned that one the hard way back in '21
Reply0
AirdropFreedomvip
· 01-05 11:49
Really, this wave has left me stunned. Short positions at high levels keep exploding one after another. --- Don't play if you haven't set your stop-loss properly. I've truly learned this the hard way. --- The consensus trap is indeed deadly. The more people are bearish, the more dangerous it becomes. --- $RIVER still needs to wait for volume to speak. Right now, everything is just guesswork. --- It's a mindset issue, everyone. Just shorting for the sake of shorting will eventually lead to losses. --- The main problem is acting without thinking it through. That's a common mistake. --- I believe in the statement that the counterforce is brewing. Next time, I need to think in the opposite direction. --- You're right, the risk is hidden in the consensus. That really struck a chord with me.
View OriginalReply0
ApyWhisperervip
· 01-05 11:44
Haha, yet another round of getting trapped, the never-ending show --- Consensus is the most toxic; just the words "high position" can drive people crazy --- Daring to open a position without even thinking about stop-loss points, no wonder you keep getting beaten repeatedly --- $RIVER really tests human nature, a bunch of gambling dog mentality --- Bearish outlook, bearish outlook, when the opposing force rises, no one can escape --- Trading volume is the real boss, don’t listen to those nonsense about "consensus" --- Having no confidence but still insisting on fighting yourself, hilarious --- Did the key support level break or not? That’s the real issue, everything else is pointless
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)