$RIVER After bottoming at 0.91, the 4-hour chart began to show a clear recovery in sentiment. Earlier, the price had plunged rapidly from around 1.225, and the market briefly feared a further breakdown. But buying support soon emerged at lower levels, and funds gradually began to flow back in.
Hao took a long position around 1.111. The reasoning was simple: short-term moving averages were starting to turn upward, the price had reclaimed a key level, and buying support at lower levels had clearly strengthened.
So for now, this rebound should not be seen simply as a bounce from oversold conditions. It looks more like a reshuffling of positions after the decline, with funds beginning to cautiously buy back in.
Next, watch whether the price can continue to hold above key support and whether inflows can be sustained. If volume and price move in tandem, there may be further room for the rebound to extend. Otherwise, be prepared for another retest after the price rises.
Market updates: follow the latest hot topics, track fund flows, and spot opportunities every day. 👇👇
$AKE #比特币短期持有者持仓升至408万枚
Hao took a long position around 1.111. The reasoning was simple: short-term moving averages were starting to turn upward, the price had reclaimed a key level, and buying support at lower levels had clearly strengthened.
So for now, this rebound should not be seen simply as a bounce from oversold conditions. It looks more like a reshuffling of positions after the decline, with funds beginning to cautiously buy back in.
Next, watch whether the price can continue to hold above key support and whether inflows can be sustained. If volume and price move in tandem, there may be further room for the rebound to extend. Otherwise, be prepared for another retest after the price rises.
Market updates: follow the latest hot topics, track fund flows, and spot opportunities every day. 👇👇
$AKE #比特币短期持有者持仓升至408万枚