$RIVER The market maker has started to massively cover short positions.

In the past half hour, there was a net buy-in of 1.2M, with active buying volume pushing the price from 12.7 back up to 13.6. The unrealized profit has decreased from 99% to 80%, indicating strong profit-taking.
The long-short ratio has returned to 50%, with a short position of 11M—twice as large as the long position—but the main force has already shifted to net buying. The support level at 11.41 remains, but the main force needs to push the price down further to open new short positions. Given the current unrealized gains and market conditions, they are more inclined to close positions and exit.
Next scenario: oscillation and rebound, with the main force continuing to cover shorts and reduce the short position. How low could it go? In the short term, 11.4 is a strong support, and the main force is unlikely to actively test it again. In extreme cases, it might drop near 10.5.
Short positions can be closed now—don’t hold on to the battle. Those looking to buy the dip should wait until the main force’s net buy-in continues to volume up and the short position drops below 8M before considering.