Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
RIVER experienced a strong surge today, with the price breaking above 27.16 USDT. From a technical perspective, the RSI indicators across different timeframes still show some momentum support, but this is actually a warning sign. The 1-hour chart has already entered the overbought zone, with RSI approaching 68, accompanied by a surge in trading volume—this combination often signals the risk of sharp volatility in the short term.
Many traders, upon seeing this kind of market condition, instinctively want to chase the move. But if you've spent some time observing the market, you'll realize: not every rise is worth entering. The biggest test of human nature in the market isn't whether you dare to act, but whether you can hold back. When prices reach such extreme levels, rushing to buy can easily lead to losses from a pullback.
My current strategy is simple: wait and see. I wait for the price to complete its correction or for a more solid bottom formation during the consolidation phase, then look for relatively safe entry points. This isn't about missing opportunities, but about ensuring I have enough capital and the right mindset to seize the next one. Risk management always comes before profit; it's a necessary condition for surviving longer in this market.