$RIVER The recent market movement shows retail traders rushing to sell their long positions, while the big players' short positions are being passively closed. Of course, at key levels, the big players might push the price a bit.

Currently, there's a rebound around 13.5 at the 0.618 level, but the height is uncertain.
It looks like the next few hours will be volatile, causing the long positions to be cut. If more people are trying to buy the dip, a further one-way decline cannot be ruled out. As for a reversal, we haven't seen the hourly high and low points continuously rising yet.