2026-01-18 18:26:21

RIVER is currently at a critical point where the bulls are exhausted. Looking at the daily chart, this rally forms a parabolic shape, but the trading volume is shrinking. The price repeatedly encounters resistance at the 27.70 level, becoming an iron gate that the bulls cannot break through. Currently, the price is oscillating at a high level, which is actually a window for big players to quietly offload their holdings. Once liquidity dries up below, the price will fall into a gravity-driven correction, resulting in a vertical decline.

From a trading perspective, many are shorting in the 27.70 to 29.50 range. Using 20x leverage, a 1% drop in price can yield a 20% profit, with a strict stop-loss set at 32.80 to defend against risks. This logic is essentially a bet that this high level cannot hold up.

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NFTPessimist

· 7h ago

27.70 This level has been stuck for so long. Honestly, no one dares to take over the position anymore. --- Short position deployment sounds good, but when it really comes down to it, who isn’t scared? --- The feeling of distribution after a parabolic rise, everyone who’s experienced it knows that feeling. --- Leverage of 20x sounds great, but liquidation is probably the norm, right? --- High-level oscillation = big players’ distribution window. Here comes that explanation again. --- When liquidity dries up, no stop-loss can save you. --- People who bet on high levels and can't hold on, nine out of ten have also bet at the bottom.

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ProofOfNothing

· 7h ago

27.70 If it can't go higher, it has to fall. The big players' dumping theory is getting old; they say the same thing every time.

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CodeZeroBasis

· 7h ago

27.70 is indeed a tricky level, but I still don't dare to leverage, it's too risky.

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WenMoon

· 7h ago

27.70 This level really can't hold anymore; shrinking volume is a signal --- Parabolic rise accompanied by decreasing volume, I've seen this routine too many times --- High-level selling window, big players have already quietly exited, right? --- Betting on a 20x leverage to break the high, that's playing with fire... Tight stop-loss at 32.80 --- Liquidity dries up and the price drops vertically, just thinking about it hurts --- Feels like this wave can't stand, once the 27.70 barrier breaks, there's no support below --- Again, a short-sell logic, still betting on it really collapsing... a bit exciting --- The idea that bulls are exhausted sounds dangerous, I’d better wait and see --- Why is the volume so poor? Isn't this just a sign of distribution?

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