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RIVER's recent rally seems strong, but the details in the market reveal the true intentions of the main players.
First, let's look at the capital structure. The large account long-short ratio has already fallen to 0.7, which indicates what? The main players have long since reversed to short positions. Retail investors are still following the trend and chasing the rise, unaware that they are helping the main players lift the price. The sharper the increase, the more retail investors are trapped, which becomes the chips for subsequent sell-offs.
Next, let's examine the technical aspect. The needle-shaped movement at 31.47 is not formed randomly; it is a test by the main players. At that time, the rebound was limited, and it was pushed back afterward. This is a classic tombstone signal—the main players are testing the selling pressure above. Currently, the open interest is at a historical high; if the bulls trigger a stampede, the decline could be quite fierce.
This wave of rise? It’s purely to trigger stop-losses of the shorts. The main players need the bulls to relax before they concentrate on dumping. Don't try to catch the last move—that's just giving away money.
From both technical and capital perspectives, the current price is already a good short entry point. The risk-to-reward ratio for holding positions is no longer favorable.