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$RIVER's consolidation around 27.70 reveals the deep capital game in the market. This is not a simple technical correction but a delicate stage where buying gradually diminishes and bears wait for the right moment. Investors, overconfident, are willing to buy in, unaware that this is precisely the harvesting point carefully laid out by the bears. Structurally, this already exhibits typical technical features before a bubble bursts.
The specific trading strategy is as follows: open a position directly at the key support level of 27.70; if the price rebounds to 29.00, consider adding to the position. Using 20x leverage, capturing just a 1% decline can realize a 20% net profit. The first downward target is set at 23.50. But always stay alert to risks—once the price stabilizes above 30.00, decisively cut losses and exit to prevent profits from turning into losses.