#数字资产动态追踪 Can River sustain its upward momentum? Interpretation of large-scale financing backing and technical breakout signals

Funding news dominates headlines: River has just received strategic investment support from the well-known fund Maelstrom Fund, pushing the price to a historic high of $25. Such heavyweight capital entry often acts as a catalyst for subsequent gains.

From the candlestick chart, the 15.1 level has been repeatedly touched but never effectively broken through, indicating strong resistance from the bulls here. Looking further down, the support at 10.955 is equally solid—each dip has rebounded around this level. These two points define the current trading range.

What’s intriguing is the recent breakout pattern. The price has repeatedly faced resistance near $18, which sounds pessimistic, right? But here’s a detail: the retracement amplitudes are gradually decreasing, indicating that the selling pressure from bears is waning. Meanwhile, trading volume is significantly accumulating at key levels, suggesting that funds are quietly positioning.

What is the recommended strategy for spot holders?

If the price retraces to around 15.1, it’s a good opportunity to add positions—support here is quite strong. Conversely, once the price breaks above the resistance at 19.573, it’s time to follow through and capitalize on the upward move. Those still on the sidelines might consider testing with smaller positions around $16.

Risk management always comes first. If the price breaks below 15.1, stop-loss is necessary—this is the bottom line. And once it stabilizes above 19, the market’s “breakout signal” is truly confirmed.

The key logic is simple: the bulls have regained control. Multiple failed attempts to push higher previously seemed futile, but in fact, they were building momentum for a breakout. Price stability above 15.1 reflects that bears are retreating. The next step depends on whether the price can effectively break through 19.573.

Remember a trading principle: market panic often presents opportunities, while greed requires caution. The future trend of River is worth continuing to follow.