$RIVER has performed quite solidly in this wave of market activity. Driven by massive volume, it broke out strongly, with a gain of over 50%, accompanied by a surge in open interest. This combination of data looks like a typical sign of genuine institutional involvement, rather than a false boom caused by short-squeeze panic selling.



From a technical perspective, price action indicates exceptionally strong buying pressure. The massive trading volume combined with the synchronized increase in open interest fully confirms the presence of real market demand behind it. More importantly, after the breakout, there was no large-scale selling pressure on the order book, suggesting that profit-taking sell orders were effectively absorbed by the market, and buyers remain resolute in their willingness to hold.

The current price structure is a healthy bullish dominance pattern. From a trading standpoint, the 26.50-27.20 range is a relatively low-risk entry point, coinciding with the previous breakout level. Setting a stop-loss at 25.20 would be prudent. The upward target can be set at 29.50 as the first phase goal, with a further target around the 32.00 area, representing the upper liquidity zone. The entire logical chain remains quite clear.
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RumbleValidatorvip
· 3h ago
Massive position synchronization? This data combination really speaks for itself, not something that false prosperity can compare to.
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ShamedApeSellervip
· 3h ago
This time it's really not a pump and dump, the massive holdings do have some substance.
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MissedAirdropAgainvip
· 3h ago
Wait, is this really not the main force supporting the market? It feels a bit uncertain.
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CompoundPersonalityvip
· 3h ago
Is the main force truly involved or just a capital game? It depends on whether it can hold steady at 29.5 afterward.
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