RIVER has been like a shot of adrenaline these days, shooting up from 40 to 45, on the verge of breaking the previous high, when suddenly a Fed mouthpiece made a strong statement, saying someone inside is going after Powell, and a change in leadership may happen in May! Once the news came out, the crypto sector also trembled, will RIVER be shaken by this political storm? Don't worry, the captain will explain how to operate later!
News:
Early this morning, Nick Timiraos, the journalist from The Wall Street Journal known as the 'Fed's mouthpiece', suddenly published an article stating that someone inside the Federal Reserve publicly criticized Chairman Powell, and hinted that the Justice Department has intervened in the investigation. As soon as the news broke, the market instantly became tense—if the Federal Reserve really goes haywire, the entire financial market will be shaken. Although this matter seems not directly related to the cryptocurrency sector, don't forget, when the Federal Reserve moves, the dollar, liquidity, and risk sentiment all change, and high-volatility assets like cryptocurrencies are the most affected. In simple terms: political uncertainty = market panic = increased volatility.
News summary:
The internal conflict within the Federal Reserve is escalating, which may trigger overall fluctuations in the financial market. As a meme coin, RIVER is easily influenced by emotions, and short-term volatility may increase, especially if US stocks or the dollar show unusual movements.
Technical analysis: Take a look at the 4-hour chart; there are several key signals that must be noted:
Price position: Currently at 44.29, right at the upper Bollinger Band (45.8), with obvious pressure.
Overbought alert: RSI is all above 70, KDJ's K value is close to 90, which is a typical overbought signal, indicating that the short-term rise is too fierce, and the pressure for correction is large.
Support area: The critical support below is in the 42-40 range, further down is the middle track of the Bollinger Band around 38.
Trading volume: Although the volume has increased, the capital flow shows a net outflow of $1.5 million, indicating that capital is quietly retreating at high levels.
Technical summary:
Technical indicators are all overbought, and the price has reached the resistance level, making a correction highly likely in the short term. However, if it can hold the 42-40 support, the trend may still challenge 45 or even 50. Falling below 38 may indicate weakness.
Captain's operational advice for players:
Aggressive investors: wait for the pullback to build positions in batches;
Conservative investors: wait and see for a break below, consider entering only after it stabilizes.
Holders: If your position is heavy, it's recommended to reduce part around 45, and wait for a pullback to buy more.
My personal judgment is:
Short-term view is a correction, medium-term view is a trend. The news from the Federal Reserve comes at a perfect time, just when the RIVER technicals need adjustment. There is a high probability of taking the opportunity to wash out some positions, pulling back to around 42 or even below 40, to wash away the weak hands. If it stabilizes, there will be opportunities to rise again. The key is whether it can hold 40; if it holds, it's a chance to profit, if it doesn't, be careful of a deep dip to 38.
Whether RIVER's wave is a jump after a squat or can't get up after a squat depends on the life-and-death line at 40. Pay attention to @船长趋势 , the village will guide you through the news fog and grasp the true rhythm of the cryptocurrency world.
The market always has opportunities; the key is to operate calmly. The captain will continue to keep an eye on the on-chain dynamics and move steadily forward together! Follow the captain and participate in every attack of the captain's villagers! The captain will announce the specific entry times and real-time news in the village every day!#BTC #ETH $BTC
