Looking at RIVER's recent trend, it can almost be summarized as a "bottoming out and rebound." After the price quickly stabilized from the low of $11.702, it not only broke through the short-term moving average resistance but also directly returned to the long-term upward channel — this is clearly not a repetitive correction market, but a genuine trend rebound.

The most telling indicator is the trading volume. During the rally phase, the 24-hour trading volume exceeded 760 million USDT. Such a volume level clearly indicates large institutional funds entering the market, which cannot be driven by retail traders' scattered buying and selling. Moreover, a gain of over 250% in 7 days shows how explosive the bullish sentiment is, as reflected in this number.

**Practical Trading Strategy**

My advice is not to chase the high. You can wait for a pullback to the $13.5-$14.0 range to enter with a small position, or wait for support around $13.0 to position yourself more safely. The initial target is $15.0, then $16.0. If the previous high is broken, there's full room to aim for $17.0.

Stop-loss should be set at $13.0. If it falls below this line, the short-term rebound trend is likely to be over.

Honestly, the momentum of this RIVER move is really strong. As long as it stays above $13.0, there's no need to worry. If you're shorting, my stance is very clear — in such a market with big institutional involvement, contrarian trading is basically like getting crushed. For those going long, be patient and wait for a correction. Don’t get caught up in the rapid surge and lose your head; buying on dips is the core logic of this market wave.