$RIVER ‌#Gate广场四月发帖挑战 Oh wow, this market maker is really a master of changing faces. They smashed down to 10.5 earlier, then pulled back to 11.1, killing both longs and shorts, buying and selling back and forth.

Look at the big players, their net buy and net sell in half an hour are basically balanced, indicating they are also watching and not daring to make a move. They still hold 18 million short positions, with a cost basis of 13.14. Now at 11.1, with an unrealized profit of 3.32 million, still making good money, but not as crazy as yesterday.
The price is stuck at 11.1, neither up nor down. The support at 10.5 is the previous bottom, and the resistance zone is between 11.5 and 11.8. The market maker is currently in a “I won’t move, let you guys move” stance.
Trading strategy:
1. Short positions: wait until 11.5-11.8 to short again, targeting 10.8-11.0. No point shorting at 11.1 now.
2. Long positions: wait until 10.6-10.8 to add light longs, targeting 11.5-11.8. Take some profits and run, don’t be greedy.
3. Conservative: keep watching the show. Wait for the price to break above 11.8 or drop below 10.5 before acting. Entering now just gets you whipped back and forth.
Remember: Don’t chase shorts below 11.0; the market maker is still playing within the range. Let’s not follow blindly. Small positions to test the waters are fine, but heavy positions are just giving away money.