Continue to short $RIVER . The short trend is clear and has momentum.
From a technical perspective, the price has significantly retraced from the high of 5.869. The 1-hour and 15-minute charts show a steep downward structure, with short-term moving averages completely in a bearish arrangement, and the price is accelerating downwards along the moving averages; the funding positions continue to decline, combined with the selling pressure expectations brought by token unlocking, the short momentum is still being released.
This combination of "technical breakdown + selling pressure drive" confirms the continuity of the short trend. One can decisively short, betting on the continuation of the downward trend, targeting near the previous support level, with a stop loss placed at the recent rebound high, seizing this short opportunity driven by the unlocking event.
