New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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1. Download and update the Gate APP to version v8.0.5
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Your fa
Many people have suffered losses in the recent RIVER market. Recently, I have organized a set of ideas for friends who are trapped.
The core logic is as follows: the current market is in a correction phase. Instead of passively enduring the decline, it is better to take proactive action. It is recommended to add short positions around 18.5, to lower the average cost and improve the overall position. Once the price retraces to the 13.5-15 range, consider taking profits and exiting.
From a longer-term perspective, RIVER still has the opportunity to break upward into the 25-28 range. So if you have confidence in the coin, you can adjust your liquidation price accordingly, setting the stop-loss above 28. This way, you can respond to the final surge by the big players and effectively avoid the risk of forced liquidation.
In summary, under controllable risk conditions, use strategic position addition to seize rebound opportunities.