$RIVER The current trend resembles typical baiting behavior.
After briefly reaching the support below, it has given the bulls some breathing room, but this rebound is more inclined towards weak repair. Next, it is highly likely to enter a phase of sideways consolidation and further test the bottom support.
The overall strategy remains unchanged, with the rebound still primarily focused on shorting. The previously mentioned target of 10U has not changed for the time being and remains an important reference point for this round of decline.
From on-chain data, some rather unusual signals have begun to emerge, but most people in the market have yet to notice. Once there are more clear abnormal changes, a prompt will be given immediately.
At this stage, the key is still to control the pace and follow the trend.
$SIREN $ETH