$RIVER $RIVER No need to pump the market; just sideways for a day, and all the shorts get liquidated. How can there be such a foolish group of people? Haha$RIVER Keep pushing, comrades. Why should we consolidate? That's right, we need to blow up the bears.RIVER's recent performance is still worth关注. From the market trend after 8 o'clock, due to relatively high capital costs, downward adjustments are a normal rhythm. At this point, focus on whether the moving averages have support.


There are two key observation points: first, whether it breaks below the previous low; second, if it does, whether it will continue to explore底部. If the decline continues, we need to adjust our stop-loss positions accordingly; conversely, if there is no further downward exploration, a rebound is expected.
In terms of price expectations, RIVER's short-term first target is around a 10x increase, approximately at the $16 level. If it can break through smoothly and continue to strengthen, the next observation point is the $32 high.
From a fundamental perspective, the project team has publicly disclosed a total supply of 1 billion, with only 10 million currently in circulation. This release schedule is relatively cautious. This supply structure still provides some support for subsequent price performance.

go short now
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