$RIVER Everyone knows it's going to drop, but right now it's only suitable for short-term shorting. Don't be misled by the large number of short positions, as many of them are already trapped. The market is stuck—neither going down nor up. It's clearly evident that the upward momentum is stronger than the downward pressure. The market is still in a phase of false signals, giving out short signals to trap you. In comparison, short-term long positions seem easier to unwind, but this also carries risk, as the major players control everything. When it drops, they offload to the longs who get trapped; when it rises, they also offload, using the short sellers as fuel to push prices higher. Besides, there's no pressure on funding costs or leverage ratios.
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