RIVER has been quite aggressive these past couple of days. From $14 straight up to $17.5, a gain of over 20%, with a daily trading volume of 451 million. This kind of movement is dazzling, as if everyone is asking the same question: is it too late to enter now?
Let's first look at the technical aspect. The support level on SUPERTRND is only 4.36, and the current price has already far surpassed it. The daily chart shows tall green candles, and the MA5 is also soaring. In the past two days, trading volume has doubled. All these signals point in one direction — the bulls are in control of the market.
Interestingly, the popularity of this coin has spread from exchanges to communities. Crypto friends are all discussing it, even those who haven't paid attention to the market for half a year are starting to ask questions. This phenomenon is quite common — when a coin rises sharply enough, the buzz naturally increases, attracting more participants, and pushing the price even higher. The strong get stronger, and this cycle continues.
I recall a similar coin I encountered last year. I hesitated and didn't buy in, and it went from $2 to $30. Missed out by half an hour — it was like trying to buy concert tickets, one second late and it’s gone. Now, RIVER is only three dimes away from today’s high of 17.85, with trading volume still exploding. In this kind of market, I’ve decided to go all in.
My trading plan is clear: set a stop loss at 16, exit if it loses 8 points; target a take profit at 20, sell immediately after a 14-point gain. Small-cap coins like this are like freshly made candied chestnuts — hot and fragrant when fresh, boring when cold. Instead of hesitating, it’s better to act decisively. If successful, tonight I’ll add some beef tripe to my hotpot.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
BearMarketMonk
· 23h ago
Here's another story of chasing the rally, this time featuring RIVER. A 20% increase is indeed tempting, but I think the logic is a bit shaky—huge trading volume doesn't necessarily mean good news; what if it's the main players offloading?
Having survived the bear market for so long, my biggest fear is when "everyone is talking about it." The hotter the market, the more likely it is to burn your hand.
Setting the stop loss at 16 is okay, but I'm worried that a single bearish candle could break through it completely. By then, it might be too late to realize. My advice is, it's okay to play, but don't go all in. Small-cap coins have this temperament; a crash can happen in the blink of an eye.
View OriginalReply0
fomo_fighter
· 23h ago
It's the same old story again, those who chase the high always regret it, and those who don't chase also regret it. Basically, it's a gamble of luck.
---
A 20% increase is indeed tempting, but this is probably the most dangerous time.
---
Seeing articles like this every day, I feel like I missed out on a billion, but in reality, I'm probably just a bagholder.
---
With such a fierce surge in trading volume, who knows if it's retail investors rushing in or institutions offloading.
---
I feel a bit like joining in, but this rhythm seems a bit fake, so I'm conflicted.
---
Is setting a 16 stop-loss really harsh, or just psychological comfort? When the market drops below 16, there's no time to react.
---
That analogy of roasted chestnuts is perfect, but how fast they cool down depends on the mood of the market makers.
---
Where are the people who were the most FOMO during that last wave? No need to say more.
---
The coin that someone hyped a month ago has now been halved; will RIVER suffer the same fate this time?
---
Forget it, I'll just watch. It's good enough if I don't get cut.
View OriginalReply0
SchrodingerGas
· 23h ago
Looking at this wave of market activity, there is indeed a classic herd mentality at play. From an on-chain data perspective, this surge in trading volume is essentially the last celebration before liquidity dries up, and it can even serve as proof of the last-minute buyers stepping in.
Don't be too fooled by technical indicators; a tall green candle only indicates high participation, not the correct direction. Historically, such patterns often top out when community enthusiasm is at its peak, which is the opposite lesson of the market efficiency hypothesis.
Stop-loss at 16, take-profit at 20, sounds like betting on probability distribution... but the problem is that the volatility of small-cap coins doesn't conform to a normal distribution. Your trading framework here is a bit optimistic.
Have you ever experienced that rollercoaster from 2 to 30 and then from 30 to 0.5? Next time, when you increase your leverage, also pay attention to whale movements on-chain, don't just focus on K-line charts.
View OriginalReply0
SelfSovereignSteve
· 23h ago
Hey, wait a minute, why didn't you follow at 17.5 back then? Now chasing the high feels a bit risky.
View OriginalReply0
DefiSecurityGuard
· 23h ago
⚠️ hold up... that volume spike screams classic pump setup. you checked the contract audit report yet? ngl this smells like textbook honeypot behavior tbh
RIVER has been quite aggressive these past couple of days. From $14 straight up to $17.5, a gain of over 20%, with a daily trading volume of 451 million. This kind of movement is dazzling, as if everyone is asking the same question: is it too late to enter now?
Let's first look at the technical aspect. The support level on SUPERTRND is only 4.36, and the current price has already far surpassed it. The daily chart shows tall green candles, and the MA5 is also soaring. In the past two days, trading volume has doubled. All these signals point in one direction — the bulls are in control of the market.
Interestingly, the popularity of this coin has spread from exchanges to communities. Crypto friends are all discussing it, even those who haven't paid attention to the market for half a year are starting to ask questions. This phenomenon is quite common — when a coin rises sharply enough, the buzz naturally increases, attracting more participants, and pushing the price even higher. The strong get stronger, and this cycle continues.
I recall a similar coin I encountered last year. I hesitated and didn't buy in, and it went from $2 to $30. Missed out by half an hour — it was like trying to buy concert tickets, one second late and it’s gone. Now, RIVER is only three dimes away from today’s high of 17.85, with trading volume still exploding. In this kind of market, I’ve decided to go all in.
My trading plan is clear: set a stop loss at 16, exit if it loses 8 points; target a take profit at 20, sell immediately after a 14-point gain. Small-cap coins like this are like freshly made candied chestnuts — hot and fragrant when fresh, boring when cold. Instead of hesitating, it’s better to act decisively. If successful, tonight I’ll add some beef tripe to my hotpot.