Is $RIVER going to zero? The last two days have seen a direct drop of 30%. Many holders are already so angry they are cursing!

With fans, we shorted from 17 → all the way down to around 13, making a profit of 7600u!

Precise points, capturing waves of profit, and executing trades decisively to see the truth!

After a significant long upper shadow appeared following a period of high volume stagnation, the bullish momentum has completely exhausted. The Bollinger Bands are expanding downward, the EMA death cross is confirmed, and the MACD green bars are continually enlarging. The trading volume has significantly increased during the high point correction phase, and the downtrend has fully opened up. This is not an ordinary correction; it is a signal that the bearish channel has officially started.

RIVER has previously risen too sharply, compounded by token unlock pressures and leveraged liquidation double blows. Currently, the bearish trend remains strong, and there is still space for further decline in the short term. This type of one-sided decline after high-level selling is most feared by those trying to catch the bottom as bag holders.

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