$RIVER
RIVER High Position Stagnation: Is it poised for an upward move, or is the main force distributing?
From a 4-hour perspective, RIVER has significantly extended its time oscillating in the high-level range. On the technical front, this kind of prolonged sideways movement often requires caution—currently, the oscillation range resembles a stage of profit distribution (Distribution) for long positions.
The logic of the current market is very clear:
1. Risk Point: Beware of a "false breakout" on a high followed by a drop or a significant volume breakdown of the oscillation midline.
2. Operational Strategy: To protect profits, our long positions have undergone a 1:1 hedging (lock-in), keeping the initiative in our hands.
3. Future Observation: As for whether to switch to short positions, the current left-side signals are still insufficient. It is advised to remain patient and wait for a significant volume breakout or a clear top reversal pattern before making any entries.
Trading Maxim: Recognizing the trend is a skill, controlling your hands is cultivation.
RIVER High Position Stagnation: Is it poised for an upward move, or is the main force distributing?
From a 4-hour perspective, RIVER has significantly extended its time oscillating in the high-level range. On the technical front, this kind of prolonged sideways movement often requires caution—currently, the oscillation range resembles a stage of profit distribution (Distribution) for long positions.
The logic of the current market is very clear:
1. Risk Point: Beware of a "false breakout" on a high followed by a drop or a significant volume breakdown of the oscillation midline.
2. Operational Strategy: To protect profits, our long positions have undergone a 1:1 hedging (lock-in), keeping the initiative in our hands.
3. Future Observation: As for whether to switch to short positions, the current left-side signals are still insufficient. It is advised to remain patient and wait for a significant volume breakout or a clear top reversal pattern before making any entries.
Trading Maxim: Recognizing the trend is a skill, controlling your hands is cultivation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
RIVERUSDT
Perp
3.485
-24.22%