$RIVER ๐๐Cools Down: Healthy Retracement or End of the 500% Rally? ๐
River ($RIVER) is the talk of the market today, January 31, 2026, currently trading around $32.03 as it undergoes a significant price correction after its meteoric 500% rise earlier this month. The token hit a staggering All-Time High of $87.79 just five days ago, but massive profit-taking and concerns over high token supply concentration (with 94% held by just five wallets) have triggered a sharp 60% pullback. Technically, riveris now testing a "make-or-break" support zone between $31.00 and $33.00; holding this level is vital to prevent a deeper slide toward the $25.00 long-term floor. Despite the volatility, fundamental optimism remains high following a $12M strategic funding round led by industry heavyweights like Justin Sun and Arthur Hayes, signaling that the smart money is betting on Riverโs "omni-CDP" technology to dominate cross-chain liquidity later this year.
Is the $32 support the ultimate "Buy the Dip" opportunity or a falling knife?
Does the backing of Justin Sun and Arthur Hayes outweigh the risk of whale concentration?
Can reclaim its $87 ATH before the end of Q1?
๐ Your Play Today:
๐ Bullish (Accumulating at the $32 support floor)
๐ก๏ธ Strategic HODL (Waiting for supply concentration to dilute)
๐ Watching (Waiting for a break back above $45)