I uniformly replied that RIVER is about deceiving liquidity.
Yesterday, there was attention on RIVER. As you all know, I previously took a short position on RIVER, and my personal view on the upper limit is 75, but that was based on the situation at the time. Moreover, I was forcibly stopped out around 41.
The multiple range tests of RIVER, in my eyes, are just a compliance test for retail investors. As long as you keep playing at the order book, you think you have found the wealth code. When it reaches 60, you blindly go short, but is there a difference between 60 and 80 for the traders?
To reiterate, what the controlling party of altcoins wants is not price fluctuations but liquidity. The traders will come down to deceive liquidity, forcibly bringing you up. Everyone understands the principle of boiling a frog in warm water, right? $RIVER {future}(RIVERUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.