$RIVER
Correction Deepens: Liquidity Test or a "Whale" Shakeout? 🌊
River ($RIVER) is facing intense selling pressure today, February 2, 2026, trading at $15.69 after a brutal 41% plunge in the last 24 hours. The token, which recently hit an All-Time High of $87.73 on January 26, is now down over 75% from its peak. This "perfect storm" is driven by a combination of a massive 1.5M token unlock (which hit on January 22), heavy profit-taking from concentrated whale wallets (who hold 94% of the supply), and broader market weakness as Bitcoin slips toward the $78k mark.
Technical Breakdown
Support Floor: The price is desperately searching for a bottom. While $14.84 acted as a local low today, the next major historical demand zone sits near $11.25—a level not seen since the massive rally began.
Resistance Levels: Bulls face a steep uphill battle. The immediate resistance is now at $18.30 (former support), with a much stronger psychological barrier waiting at $31.00 if a relief bounce occurs.
Sentiment: The "Fear & Greed Index" for River has plummeted to 14 (Extreme Fear). Technical indicators like the RSI are in deep "Oversold" territory, suggesting that while the macro trend is bearish, a short-term volatility spike or "relief rally" could be near.
Is this the ultimate "Buy the Blood" opportunity, or is the whale concentration too risky?
Can the $12M strategic backing from TRON and Arthur Hayes save $RIVER from a total retracement?
Are you HODLing for the long-term cross-chain utility, or did you exit at the $87 peak?
📊 Your Play Today:
🔥 Aggressive Bull (Buying the $15 capitulation for a bounce)
🛡️ Strategic HODL (Waiting for the $11.25 floor to confirm)
👀 Sidelined (Watching the "Extreme Fear" play out from a distance)