RIVER today demonstrated a classic long and short squeeze行情。

At the open, some traders decisively took short positions and booked profits, but then the bulls quickly bottomed out and entered the market, forming a clear support stance. Why focus on this segment? The answer is actually simple—

Although the entire morning experienced a continuous pullback, each dip was quickly bought up. This detail is very important. It indicates that there are indeed major players supporting the market below, making it difficult to see a sharp decline in the short term. From a technical perspective, the key for the day is whether the price can break through the previous high. Once broken, it signifies that the bulls have the advantage.

This combination of quick pullback + support defense usually indicates that buying interest is still present in the short term. Continuing to observe the breakout performance within the day will be more meaningful. Other popular tokens like XRP, SOL, and others also show similar bottoming features, and the overall market rhythm is worth paying attention to.