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RIVER's recent market movement is quite interesting——from a bottom of 16.120 all the way up to 25.850, now oscillating around 25.4. The manipulative tactics of the big players are quite obvious.
Do you remember the wave that dumped recently? Trading volume shrank dramatically, a textbook case of accumulation and shakeout. Then it suddenly accelerated upward, breaking away from the cost zone, which not only shakes out retail investors but also gives the big players ample space to unload.
The current situation is a repeated tug-of-war at high levels, creating the illusion of "continued growth" through this up-and-down oscillation, attracting late-coming funds to buy in. Watching the changes in large holdings reveals this—bullish positions are shrinking, bearish positions are accumulating, but the total holdings haven't increased. What does this indicate? It means big funds are quietly rotating hands.
In the short term, if it can't break through the 26-27 range, downward pressure will be significant. My advice is to lock in profits gradually around 25-26. If it falls below 22, it would be more prudent to go short accordingly.