RIVER's recent performance has indeed sparked quite a bit of discussion—will it follow LIGHT's footsteps and experience a sharp decline? This is a question worth examining closely.
From a technical perspective, RIVER is currently in a correction phase within a downtrend. Although there are signs of a rebound, a complete reversal signal has not yet formed. Breaking through the historical high in the short term seems to be quite challenging. The key point is that both the scope and duration of the pullback remain uncertain, and blindly chasing highs carries significant risk.
For such highly volatile tokens, a prudent strategy is to take a light position with low leverage to short, and set strict take-profit and stop-loss levels. Additionally, closely monitor the movements of mainstream tokens like SOL and XRP, as they often influence the overall market trend. Wait for clearer technical signals before increasing positions, which allows participation in potential opportunities while effectively managing risk.
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DefiOldTrickster
· 9h ago
Haha, small positions with low leverage? That's how the market taught me a lesson back in the day, and in the end, I still went all-in. As for this wave of RIVER, I would say, just focus on on-chain data, don't just look at those K-line charts.
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MEVHunterX
· 9h ago
Wait for signals to short with small positions, don't follow the herd and chase the highs, brother.
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CompoundPersonality
· 9h ago
Trading short with a small position sounds good, but who can really get a handle on RIVER...
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The easiest time to catch the bottom and get trapped is when signs of a rebound appear. Let me watch a bit more.
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Again, small positions with low leverage—sounds simple, but it's hard to do.
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The movements of SOL and XRP are indeed crucial, but RIVER probably still has some play.
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It feels like LIGHT's story isn't over yet. Maybe RIVER will also... Never mind, let's wait and see.
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Only when stop-profit and stop-loss are set properly will I dare to act; otherwise, my mindset will collapse.
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staking_gramps
· 9h ago
Oh no, is RIVER about to dump again? History always repeats itself.
Small positions + stop-loss, that's correct to say, but now everyone trying to bottom fish has been cut.
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gas_fee_therapist
· 9h ago
Bro, this wave of RIVER is really a bit uncertain, feels like it's repeating LIGHT's script...
Betting that RIVER can reverse? I think I'll wait and see. Chasing the high now is really a bit reckless.
The faces of SOL and XRP, RIVER has to watch out. When mainstream coins sneeze, small coins catch a cold.
Light positions for shorting are indeed more stable. Don't be fooled by the coin price.
I haven't forgotten the lesson from LIGHT. This time, be more cautious...
RIVER's recent performance has indeed sparked quite a bit of discussion—will it follow LIGHT's footsteps and experience a sharp decline? This is a question worth examining closely.
From a technical perspective, RIVER is currently in a correction phase within a downtrend. Although there are signs of a rebound, a complete reversal signal has not yet formed. Breaking through the historical high in the short term seems to be quite challenging. The key point is that both the scope and duration of the pullback remain uncertain, and blindly chasing highs carries significant risk.
For such highly volatile tokens, a prudent strategy is to take a light position with low leverage to short, and set strict take-profit and stop-loss levels. Additionally, closely monitor the movements of mainstream tokens like SOL and XRP, as they often influence the overall market trend. Wait for clearer technical signals before increasing positions, which allows participation in potential opportunities while effectively managing risk.