2026-01-02 08:21:13

RIVER has recently faced significant selling pressure above, and the hook-shaped chip structure shows signs of loosening. On-chain data indicates that selling volume is beginning to increase, suggesting that some investors are gradually exiting the market. The four-hour chart shows a strong resistance level, making further upward breakthroughs difficult at this stage.

From the perspective of funding rates, they have recently been declining, which usually signals a shift in market sentiment. Meanwhile, the buying support below is gradually strengthening, indicating that a bottom is forming.

Technically, the outlook leans bearish, with a short-term target around the 5 yuan level. Future movements will depend on the actions of large on-chain holders and capital inflows, both of which could be key signals for a reversal.

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BlockchainArchaeologist

· 2h ago

The selling pressure is so intense, the big players are really fleeing. It looks a bit shaky at $5.

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YieldChaser

· 6h ago

Selling pressure is so fierce, can the bottom support hold? Feels like 5 yuan is a bit risky --- The big players haven't moved yet, how dare to bottom fish --- Is the loosening of chips just selling off? This wave has gone down --- Wait and see the on-chain data, it's too early to enter now --- Funding rate is decreasing + a wave of exit, this signal is a bit obvious --- Is the bottom forming? I still see it falling --- If I can't hold at 5 yuan, I'll just cash out --- Reversal signal? Let's wait for the big players to show up first --- Again optimistic about the lower side, is the downward pressure really this strong? --- The increased strength of the support is useless, the selling pressure is even fiercer

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LuckyBearDrawer

· 6h ago

With such obvious selling pressure, why haven't the big players moved yet? Seems like they're waiting for a key signal.

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MEVHunterWang

· 7h ago

Such obvious selling pressure. Are the big players probably manipulating the market again... Whether the $5 level can hold depends on how strong the buying support is in this wave.

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