Recently, I have reduced the trading frequency to a very low level. Unless there is a compelling reason, I am too lazy to worry about it constantly.

A few days ago, I saw many people on Binance Square shorting $RIVER . The reason was simple: there was an unlock on March 22nd, and at that moment, I felt that a good show was about to begin.

What is the project party MM most worried about these days?

There are no fish biting the hook! 😂😂😂

So I placed a buy order at a low position.

Sure enough, in the past two days, River's contract OI skyrocketed from 34M directly to nearly 50M, with many small retail investors shorting, and the fee even hit -0.24% for a while. After the price dipped down to $18, it surged up to $28 to squeeze out shorts.

I have to say that River's popularity among retail investors is quite large. As long as there is some movement, 3-4 out of 10 articles in Binance Square are discussing it. Moreover, quite a few retail investors love to short at the top, which is great because you can know whose money you are making.

Now the fees have gone up, and I have taken profits on most of it, leaving some to see if the big players will continue to pull up under Siren's stimulation, and then patiently wait for the next trading opportunity.