$RIVER Brothers! Let's analyze!

Three days ago vs. now, changes in whale short positions
Three days ago: Short positions were 16.12M, accounting for 84.6% of total holdings, with a 95.14% profit ratio, almost all positions profitable, pushing longs to the limit
Now: Short positions have shrunk to 9.55M, a reduction of 6.57M in just 3 days! The proportion dropped from 84.6% to 68.9%, and the profit ratio fell from 95.14% to 60.71%, shorts are already taking profits and running!
Current trend reversal threshold
Short positions have already cut nearly half, getting closer to a reversal! But it probably hasn't fully reversed yet!
Now, with 9.55M shorts, I believe to fully turn bullish, positions need to be cut below 4M, ideally around 3.5M, to truly exhaust short power.
The price must stay above $10, no longer making new lows, to completely turn the downtrend around—that's a real reversal, not a rebound to trap buyers.

These past three days, shorts have massively taken profits and exited, significantly weakening short power. This is a rebound after a decline, not a reversal. Only when shorts cut down to 3-4M, funds turn bullish, and the price stabilizes will it be considered a true bullish reversal. #Gate广场四月发帖挑战