Are the holders of $RIVER making a midnight escape? The liquidation chart shows: over 10,000 noobs buried above $7.6, and Wan Ge says to run fast!
Born in despair, collapsing in frenzy! RIVER appears calm on the surface, but underneath, there’s blood flowing in rivers—who's accumulating? Who's placing orders? Wan Ge is peeling back the layers!
1. Liquidation Chart Analysis
1-hour liquidation chart: The short liquidation intensity around $7.2 reaches a staggering $150 million; breaking below that could trigger a chain reaction of liquidations! Similarly, there’s a pile-up of tens of thousands of long liquidations above $7.6. The three major exchanges’委比 is -0.12%, indicating 'fake orders', with clear bullish bait. With just 3 hours left until settlement, the open interest skyrockets to 22.24 million—change is imminent!
2. Wan Ge’s Trading Advice
Shorts: If the 1-hour closing line is below $7.40, lightly enter shorts, targeting $7.20→$7.00.
Longs: If it stabilizes above $7.45 and breaks through $7.48 with volume, then aim for a rebound to $7.60-$7.80; otherwise, stay put.
Spot: Place staggered buy orders at $7.20.
Leverage: Fee rate at 0.0121%, and a basis of 0.23% suggests pressure on the market, avoid leverage over 5x!
3. Wan Ge’s Perspective
MACD death cross forming, RSI not oversold, there’s still room for decline. The big players are repeatedly harvesting at $7.40 using 'settlement + open interest'. A quick recovery is on the horizon—this is a golden pit.
No strategy? Don’t make random trades! Brothers holding RIVER, quickly seek out 'Wan Ge'! Don’t wait until liquidation to regret. Go hard, but don’t be reckless!
#RİVER #Market competition heating up