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$RIVER After thinking it over this afternoon, I still chased two small shorts. Currently, the unrealized profit on both positions is about $200.
Although there is no obvious bearish trend from the whale holdings, there are quite a few retail traders going long this afternoon. Therefore, I still believe that a decline or a spike to liquidate the longs may occur. If we want to restart the pump, first we need some retail traders to exit.
I don't plan to hold these two short positions for too long. When the total unrealized profit reaches $400, I will close the orders. 🤔