$RIVER Recently, the decline is mainly due to the combination of three factors: "600% + normal technical retracement after a sharp surge, high leverage long profit-taking/liquidation, and market resonance," rather than issues with the project's fundamentals. Currently, the price is mostly digesting the extreme gains from earlier, waiting for satUSD's real adoption data to reprice. $SOL $BNB
In the short term, it is likely to continue oscillating at high levels or test the lows again, with key support around $1,416, and even the possibility of retesting $1,213. Unless satUSD's TVL explodes or there is a major integration announcement, it will be difficult to quickly return above $22, which is a typical phase of shakeout after reaching a new high. However, from a mid- to long-term perspective, $River is a leading project in chain abstraction + Bitcoin-native stablecoin track, endorsed by Arthur Hayes. After mechanism iteration, its resistance to manipulation has also increased. If satUSD truly gains volume, surpassing hundreds of millions in circulation, there is still room for the current price to double. But right now, it is a high-volatility, high-risk window; chasing the high could lead to being trapped. It is recommended to wait until a clear bottom is confirmed and fundamental data stabilizes before considering entry. If you find this useful, follow, bookmark, like, and discuss in the comments!
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$RIVER Recently, the decline is mainly due to the combination of three factors: "600% + normal technical retracement after a sharp surge, high leverage long profit-taking/liquidation, and market resonance," rather than issues with the project's fundamentals. Currently, the price is mostly digesting the extreme gains from earlier, waiting for satUSD's real adoption data to reprice. $SOL $BNB
In the short term, it is likely to continue oscillating at high levels or test the lows again, with key support around $1,416, and even the possibility of retesting $1,213. Unless satUSD's TVL explodes or there is a major integration announcement, it will be difficult to quickly return above $22, which is a typical phase of shakeout after reaching a new high.
However, from a mid- to long-term perspective, $River is a leading project in chain abstraction + Bitcoin-native stablecoin track, endorsed by Arthur Hayes. After mechanism iteration, its resistance to manipulation has also increased. If satUSD truly gains volume, surpassing hundreds of millions in circulation, there is still room for the current price to double. But right now, it is a high-volatility, high-risk window; chasing the high could lead to being trapped. It is recommended to wait until a clear bottom is confirmed and fundamental data stabilizes before considering entry. If you find this useful, follow, bookmark, like, and discuss in the comments!