$RIVER The upcoming trend: two possible scenarios

Scenario 1: Continue to rise, push for another wave

More and more people are buying, retail investors are frantically chasing the rally, and big players are also turning long. The price directly breaks through the 13.38 high point, heading towards 14 and 15 dollars.

Currently, the short-term trend is upward. Sentiment is strong, retail investors are rushing in, and the price can be easily pushed higher. This rebound is quite strong, not a small fluctuation.

Scenario 2: No more upward movement, a sharp decline ahead

What could happen: Large traders start shorting heavily, and when the price hits around 13.5-14 dollars, it stalls and then begins to fall. First back to 12 dollars, then down to 11 dollars.

1. The daily chart still shows a downward trend. This is just a rebound, not a reversal. After a big rise, a correction is inevitable.

2. Most big traders and professional traders are shorting, waiting for the price to fall so they can buy back retail investors chasing the rally. Then they will dump and harvest profits.

3. The price has already increased by 23%. The short-term rally is too strong, with too many profit-taking sellers. At any moment, someone might sell and run, which could easily trigger a stampede.

In conclusion
This rally has indeed lifted prices, and in the short term, it’s rising. But in the long term, the trend is still downward. Most big players are shorting and waiting to harvest. Right now, it’s a “knife-edge bloodbath.” Making quick profits and then running is the key. Don’t be greedy, or you might go from making money to losing it! #Gate广场四月发帖挑战