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$RIVER This, brother, I will act out the full script from the perspective of a dog-controlled exchange.
Brothers, today I will pretend to be this coin’s dog-controlled exchange, performing the upcoming script so you can see clearly how I stash retail investors’ money in my pocket!
Step one: First fake a rebound, trick the bottom-fishing retail investors into entering the market.
Currently, the price is wavering at 8.9, retail investors think it has dropped over 70%, it’s the bottom! The dog-controlled exchange pushes the price from 8.9 up to 9.3-9.5, even touching the previous high of 9.235, creating a false impression of a reversal. At this point, those retail investors trapped at 10 or 12 will think “finally out of the trap,” not only refusing to close their positions but also adding more. Off-market retail investors will think “the bottom-fishing opportunity is here,” and will frantically open long positions to buy in. I take advantage of this rebound to dump all my remaining long positions onto you, while secretly opening large short positions above 9, fully loading my position.
Step two: Dump the market at high levels, thoroughly bury the bulls.
Once I’ve opened enough short positions and the chips are almost out, I reverse and dump the market!
No more rebounds, a big bearish candle breaks through the 8.5 support level, trapping all the retail