RIVER surged approximately 34% in the past 24 hours, marking the biggest gain in the cryptocurrency market. Despite the strong rally, bullish sentiment has eased from 82% to 58%. Technical indicators remain positive, with the MACD approaching the bullish zone and the RSI hovering around 55, indicating ongoing buying pressure. However, there is a significant resistance level ahead; failure to break through this resistance could trigger a pullback to around $12.24. Derivatives data supports short-term upside, with open interest increasing by $27.2 million to $125.16 million, and the funding rate turning positive at 0.0078%.

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