RIVER has been declining from the high of 23.877, and the bearish pattern is now difficult to reverse. The proportion of large traders holding short positions continues to rise, with many active sell orders. In this downward rhythm, rebounds are often opportunities for shorts to add positions.



Technically, there's nothing to fuss over. The 4-hour, 1-hour, and 15-minute moving averages are all in a bearish alignment, and the MACD has already crossed below zero, with no bright spots.

The current price can directly consider short positions. If it rebounds to the 17 range, decisively add to short positions, with a stop-loss placed above 18 for safety—if it breaks through, it indicates that the bearish momentum has weakened, and it's time to exit.

In the short term, watch the support level at 15.5. If this is also broken, then focus on the key zone at 14. This move is mainly about catching trend-driven sell-offs. When volume shrinks, stay firm and hold your positions, and don't be fooled by small rebounds during trading.
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StillBuyingTheDipvip
· 01-07 17:51
It's the same old bearish narrative again. Every time they say there's no highlight, they suddenly pull off a huge rally. I'm watching.
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LuckyBlindCatvip
· 01-07 17:46
This wave of RIVER is plunging straight down; the bears have long been confirmed. If it rebounds to 17, go short immediately. Don't hold back, set the stop-loss above 18... A bit timid, but safer. When volume shrinks and it drops, hold on tightly. Don't be fooled by those rebounds.
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GhostChainLoyalistvip
· 01-07 17:45
Same old bearish rhetoric. Can it drop to 14 this time? It's a bit uncertain.
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LiquidityWhisperervip
· 01-07 17:42
From over $23 to the current high, the bears have indeed taken firm control. It's very difficult for this wave to reverse. If it rebounds to 17, go short without hesitation. Wait, can 18 hold? Feels uncertain. Only when 15.5 breaks is it truly a crash; for now, we have to watch. When volume shrinks, keep shorting quietly. Don't listen to those rebound nonsense.
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GasFeeCryingvip
· 01-07 17:38
Wow, this wave of RIVER is really intense. It dropped all the way from 23.877, with the bears completely dominating. I get that a rebound is a signal to add positions. I'm firmly looking at 15.5. If it breaks, I'll watch 14. Don't be fooled by small rebounds; I understand this principle. Stop-loss must be set above 18. If it gets broken, exit immediately. There's no need to hold on stubbornly.
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