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This afternoon, I conducted a technical analysis of RIVER's trend. The current judgment was to short the wave, and it is now basically following the expected rhythm. The overall pattern still looks quite clear; the key is whether it can effectively break below the psychological level of 20.
The currently held short positions are completely in line with the expected trend, indicating that the previous analytical logic has not deviated. This feeling is quite satisfying — you predict the direction in advance, and then the price moves according to your expectation. However, the crypto market is constantly changing, so caution is always necessary.
Let's see if this wave can break through the expected target. Recent fluctuations in US economic data and policy attitudes towards digital assets will influence market sentiment. As benchmarks for the broader market, BTC and ETH's movements will also indirectly affect smaller and mid-cap coins like RIVER.
Is anyone following this operation? Share your thoughts; maybe we can verify each other's ideas. Timing is crucial when doing short-term trades in this period, so catching the rhythm is the most important.