【$RIVER Signal】Hold cash and wait, disorderly fluctuations under short squeeze risk

$RIVER enters a high-level disorderly oscillation after a violent surge, with chaotic price structure and no clear direction.

🎯 Direction: Hold cash

Market analysis: On the 4H timeframe, a descending high was formed after the 24.08 peak, with the price falling back to near the EMA20 (18.34). The key issue is that, despite the price retreating from the high, open interest (OI) remains stable, and the funding rate is as high as -0.5136%. This is a typical short squeeze (Short Squeeze) structure, with shorts still being squeezed, and any pullback could trigger a new round of short squeeze rally, making shorting very risky.

Logical core: Long conditions are not met. Although the current price is above EMA20, trading volume is shrinking (latest 4H candle volume sharply decreased), and RSI (59.12) has fallen back from overbought territory, indicating a healthy correction, but it has not retested key support levels (such as the previous high at 17.17 or lower order blocks). The deep imbalance (-19.86%) shows selling pressure is heavier, but buy orders below (significant bid depth) create a standoff.

Risk control perspective: ATR is 2.2, volatility remains high. With a negative funding rate and stable OI, the market players' intentions are unclear, and the bulls and bears are fiercely contesting. Entering now, whether chasing longs or trying to top-tick shorts, stop-loss placement is difficult, and profit-loss ratios cannot be estimated. The win rate is insufficient; the best strategy is to hold cash and wait for the price to make a clear decision at key levels (such as 17.2 support or 21.3 resistance).

Trade here 👇 $RIVER

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包