2026-01-06 03:30:30

The recent movement of RIVER has been truly outrageous. Yesterday, I said it was a trap to lure in shorts, and sure enough, the market maker directly dumped from 20 to 11, then today pulled back to 16. This is clearly an attempt to wipe out both bulls and bears at the same time, leaving no room for anyone to catch their breath. Those friends trading in swings and grid strategies are probably still laughing from ear to ear.

The funding rate has been pushed up to 0.4 hours, and this rhythm is clearly forcing the shorts to cover. After five consecutive days of this double kill, retail investors are probably almost wiped out. Only those with strong risk resistance are still holding on in this market; other small retail traders using leverage have long been out. Even a dog would shake its head at this.

My feeling is that the market maker is operating with negative funding rates, planning to dump the price. But the problem is, the short camp is so large and stubbornly holding their ground that the market maker can only try to exhaust the short sellers’ stamina in the short term. The next step depends on who has enough patience to outlast whom.

Honestly, what is the market maker trying to do with this manipulation? Is it some kind of charity? Behind this operational logic, it’s nothing more than trying to continue harvesting those who got shaken out and can’t see the direction during the upward movement. The market is this cruel—unless you have sufficient funds and a clear mind, surviving in this double kill environment is no easy feat.

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TokenomicsTinfoilHat

· 01-07 21:25

Oh no, it's the same old trick of overeating and emptying out. The market maker really treats retail investors like leeks to be harvested. This move is truly impressive, dropping from 20 to 11 and then pulling back to 16. I said this isn't just a market, it's an art performance. With such high fees, anyone would be anxious. Small retail investors should really withdraw. I really don't understand what they're holding on for. They can't be waiting for the market maker's conscience to kick in, haha. The people playing grid trading are probably drinking red wine and watching the show now. Envy. To survive this game, you need two things: money and brains. Missing either is a problem. Most people lack both. It's better to believe in your own wallet than to watch the show. I won't be touching RIVER's current trend for now.

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quiet_lurker

· 01-07 08:24

It's the same old trick, pushing down then pulling up, retail investors caught in the middle being squeezed to death. I just want to see how long the big players can keep playing this time. --- Ridiculous as it is, but this market really can't be seen through, it feels like we've all been played. --- The fee rate is so high yet they still hold on tightly, how stubborn can the bears be, haha. --- Having been double-killed for five consecutive days, I think this market is like eating rat poison. --- Basically, it's waiting for retail investors to cut their losses, then pulling another move, an eternal routine. --- Laughing to death, friends in the wave grid are indeed eating meat, and us retail investors are just here to join the joke.

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GhostInTheChain

· 01-06 11:21

It's the same old trick again, retail investors get wiped out in one round. Fake bullish signals to lure in buyers, then dump the price; let’s go, the big players are just waiting to take us down. Haha, I saw through it long ago. Raising the fee rate so high is just to force liquidations. Without some real skills, you can't play this game. In a double kill market, only the tough survive. I'm just a rookie, I should have already given up. Watching others make money is the hardest; even knowing it's a trap, I still have to step in.

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GameFiCritic

· 01-06 04:00

The term "double kill" is used perfectly; essentially, it refers to the market clearing process. With a fee rate of 0.4, this data is basically draining participants' stamina, like a blood grinding mechanic in a game—whoever can't hold on first is out. --- Such a high fee rate and still holding on? It indicates that the incentive mechanism is completely out of balance, and the sustainability of this market is in question. --- Ultimately, it's still a lack of long-term player retention design. Currently, it's all short-term harvesting tactics, no wonder retail investors are bleeding profusely. --- From 11 to 20 and then back to 16, this fluctuation... The market maker's logic is just to keep cutting those who can't see through the direction. The market is brutal, but this is a bit too brutal. --- Five consecutive days of double kills—doesn't this just show the failure of the token economy design? Without good incentive balance, how can participants survive long-term?

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VibesOverCharts

· 01-06 03:59

In a double-kill market, you really can't play without a clear head. --- Same old tricks again, retail traders should smarten up. --- A 0.4 fee rate, this is really squeezing people. --- Pumping and dumping, in the end who's draining whose stamina, that's the real question. --- Leveraged small retail traders are probably about to pay tuition fees again this round. --- The question isn't what the whales want to do, it's about us staying alive to see that day. --- After getting tossed around like this for five straight days, I just want to know who the hell can hold on. --- Capital and mindset, lose either one and you're out of the game. --- Whether whales are charitable or not, I don't know, but retail traders are definitely going to get harvested hard. --- Some people made swing trade profits and laughed, some people lost on leverage and cried, it's that simple.

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GasOptimizer

· 01-06 03:56

The fee rate has dropped from 0.4 to a negative number, and the data logic here is just a run on the system. Retail investors' capital efficiency is too poor, completely unable to keep up with the market makers' rhythm, no wonder they get wiped out. From 20 to 11 and then to 16, the fluctuation range can be arbitraged just by checking the data, but unfortunately most people don't have that kind of thinking. Double kill, in simple terms, is just an unreasonable capital allocation. I looked at the historical data, and those who survive in this kind of market are the ones with sufficient margin buffers. The fee structure in the RIVER market is interesting and worth modeling and analyzing. Those grid trades can't keep up with such intense volatility unless the parameters are tuned very precisely. The market makers' goal is actually very simple—using probability theory, it's about maximizing harvesting efficiency. By reverse-engineering the fee rate model, you can see the logic. Those who are too lazy to use leverage are the ones who enjoy the most comfort now.

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ImpermanentSage

· 01-06 03:44

It's the same old trick again, the double kill harvesting machine starts, they really treat us like leeks to be harvested. Bro, I see through this move of raising the fee rate to 0.4; it's just to exhaust the shorts slowly, the big players have much more patience than us. Basically, it's a capital game—those with money laugh, those without cry. I'm just a small retail investor caught in the middle, feeling very awkward. The longer I watch this market, the more annoyed I get. Better wait for the calm to return before taking action; entering now is just giving away money.

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SingleForYears

· 01-06 03:37

Haha, it's RIVER again. This market maker is truly invincible. --- False breakout, false breakout, and in the end, still got eaten. I could guess it with my eyes closed. --- The double kill trend is really fierce, but anyway, I have no money to play, so just watching the fun. --- They set such high fees and still stubbornly hold on. These shorts are really incredible. --- Wake up, everyone. Without big funds, don't mess around with leverage. Really. --- I just like watching the drama of market makers and retail investors killing each other. --- It's normal that this market can't move, blame yourself for not being tough enough. --- The market maker must have a plan before dumping the market, but who can see it clearly? --- Five days of continuous operation like this, how many people have been washed out? --- Basically, it's all about funds talking. What are the poor doing here?

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HackerWhoCares

· 01-06 03:36

You're again killing small investors, this market is just a meat grinder, with a little capital daring to try their luck --- Fake out to trap and then pull back, I've seen this routine so many times, retail investors are just leeks --- With such high fees, who dares to buy the dip? Small retail investors are really brave --- Honestly, it's just about trying to cut another wave during the rise, the market has no feelings --- It's been five days of double kills, and some people still insist, how much resilience does it take? --- The market maker's move is just draining the shorts' stamina, it's a patience game --- Those who can survive in this market are not ordinary retail investors; both capital and mental strength are essential --- Not even giving a sip of soup, the dog market maker is really ruthless, both swing trading and grid traders are laughing their heads off --- The fake-out with negative fees to smash the market, no matter how big the shorts are, they'll be exhausted in the short term --- This is the cruel reality of the market; without sufficient funds and a clear mind, don't participate

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