2026-01-02 20:23:43

Does anyone have a bearish outlook on RIVER's recent movement? My short position is stuck at the 18.5 level, and I feel this price point is a bit risky. Based on the current candlestick chart, what conditions are needed for a breakdown? Is it a volume-driven decline or a decline on decreasing volume? Do you think 18.5 can truly become a support level, or is it likely to be broken this time?

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down_only_larry

· 8h ago

18.5 can't hold, better cut your losses early, buddy.

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ILCollector

· 8h ago

18.5 cannot be broken, this is a psychological barrier

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StealthMoon

· 8h ago

18.5 is really a tough hurdle, I'm also waiting.

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Web3ExplorerLin

· 8h ago

hypothesis: 18.5's holding power depends entirely on whether we get real volume conviction or just algorithmic noise... tbh watching river's price action feels like observing a byzantine generals problem—everyone's waiting for someone else to commit first lol

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DaisyUnicorn

· 8h ago

18.5, this flower is blooming a bit reluctantly... I've seen too many instances of volume shrinking and breaking through.

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IHaveBeenGettingRich

· 8h ago

The key issue is that the funding rate for short positions is too high, which is outrageous.

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