🔥 Emergency Warning! RIVER's Crazy Cow Brakes, Hidden Opportunities After a 4.21% Plunge in 24 Hours?
As Bitcoin falls below $88,000 and mainstream coins howl in despair, RIVER ignites the bear market with its own strength: a 127% surge in 7 days, a staggering 1640% in 30 days, after hitting a historical high of $87.73 yesterday, today it retraced to $73.43, showcasing a thrilling narrative of 'heaven to earth'!
📊 The Truth Behind the Terrifying Data
- The volatility is insane: In 24 hours, it soared from $67.76 to $87.73, then crashed back to $73.43, with a volatility of over 29%, bulls liquidating and bottom-fishing funds engaged in a crazy game.
- Funds are pouring in recklessly: Daily trading volume reached $671 million, market cap soared to $1.44 billion, ranking 76th globally, with Bitunix and Uniswap V3 as the main trading battlegrounds.
- Institutions lend support: Justin Sun's $8 million strategic investment + Arthur Hayes' endorsement, $14 million financing poured into cross-chain ecology, accelerating multi-chain layout of Sui/ETH/BSC.
⚠️ Key Points for Today's Fluctuation Game
1. Support Level Lifeline: The $70 mark becomes the last defense for bulls; if it breaks, it will test the $65-67 range (the starting point from yesterday), holding it will restart the rebound.
2. RSI Overbought Alert: The current RSI is approaching 68, indicating short-term retracement pressure, but in a strong trend, it may maintain high-level fluctuations, leaving room for 'air refueling'.
3. Trading Volume Exposes Intent: The trading volume did not significantly shrink during the retracement, with net inflows turning positive, indicating that institutions are still accumulating rather than unloading and crashing.
🚀 Two Scenarios for the Future (Must-See for Retail Investors)
- Optimistic Scenario: Return above $80 in the evening, breaking yesterday's ATH of $87.73, aiming for the $90-100 range (30-day increase has reached 2022%, crazy bull has no top).
- Cautious Scenario: Retrace to the $65-70 range for consolidation, digesting profit-taking before attacking again, avoiding chasing high positions, waiting for a pullback confirmation.
💡 Harsh Reminder:
This round of surge has increased by 46 times from the bottom of $1.58, but cryptocurrency has no eternal myth! The current volatility is 3 times that of Bitcoin, leverage trading requires setting stop losses, and capital safety is always the priority.
👉 Do you think RIVER will have a V-shaped reversal or a deep retracement? Leave your bullish or bearish stance in the comments, follow me to unlock precise support and resistance calculations for RIVER after reaching a thousand followers!


