#数字资产市场动态 $RIVER After a 21.83% volume-driven surge, it is currently experiencing a correction and consolidation at high levels. From the perspective of position data, this looks more like a normal shakeout after large investors have completed their accumulation, rather than a bear market signal or distribution top. The buy orders on the order book are steadily absorbing the supply, and short-term profit-taking has been mostly digested, with little pressure from the bears.
The technical details are quite interesting: the price has been consolidating tightly at the high after breaking out, which is a typical sign of continued strength. The retracement is shallow, and the trading volume has significantly decreased, indicating insufficient selling pressure. Mainly small funds are distributing, but their supply is being absorbed by buyers. As long as the price can hold above the high of the initial strong candle, the probability of an upward breakout is quite high.
Based on the above analysis: ✅ Long idea ✅ Entry zone: 32.50-32.80 ✅ Stop loss: 31.20 (strictly enforced) ✅ First target: 34.50 ✅ Second target: 36.80
The key is to wait for the price to confirm a breakout after completing the consolidation, rather than rushing to chase the high.
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LiquidationHunter
· 14h ago
Wait for a breakout confirmation before getting in, or you'll get caught again. The 32.5-32.8 level is indeed attractive.
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ProbablyNothing
· 14h ago
I've heard the same talk about shaking out the market too many times. Is this really different? If you can absorb at 32.5, that's considered a win.
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gas_fee_therapy
· 14h ago
How many times have you heard the phrase "shakeout" before? Is this really happening this time?
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Ser_APY_2000
· 14h ago
This manipulation technique is old-fashioned; only when buying pressure is being absorbed does it become interesting.
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PoolJumper
· 14h ago
Shakeout is just a shakeout; don't give it so many names... Let's wait for a breakout to talk about it.
#数字资产市场动态 $RIVER After a 21.83% volume-driven surge, it is currently experiencing a correction and consolidation at high levels. From the perspective of position data, this looks more like a normal shakeout after large investors have completed their accumulation, rather than a bear market signal or distribution top. The buy orders on the order book are steadily absorbing the supply, and short-term profit-taking has been mostly digested, with little pressure from the bears.
The technical details are quite interesting: the price has been consolidating tightly at the high after breaking out, which is a typical sign of continued strength. The retracement is shallow, and the trading volume has significantly decreased, indicating insufficient selling pressure. Mainly small funds are distributing, but their supply is being absorbed by buyers. As long as the price can hold above the high of the initial strong candle, the probability of an upward breakout is quite high.
Based on the above analysis:
✅ Long idea
✅ Entry zone: 32.50-32.80
✅ Stop loss: 31.20 (strictly enforced)
✅ First target: 34.50
✅ Second target: 36.80
The key is to wait for the price to confirm a breakout after completing the consolidation, rather than rushing to chase the high.