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An Analysis of RIVER Contract Operation Strategy
This time, I want to discuss the entire process of RIVER's decline from its peak.
Looking back at the timeline, RIVER experienced a continuous rise to 40U, reaching a new high during this phase, supported by funding injections from well-known investors and ecological partnerships. However, the subsequent correction was quite evident—the price dropped from the high levels, forming a typical high-point to retracement pattern.
From a technical perspective, this decline from 40U confirms a common phenomenon: after project financing and partnership announcements, initial buying often pushes prices higher. But once the positive news and fundamentals are fully priced in, chasing the highs can lead to profit-taking pressure.
For contract trading, such retracement phases actually present many opportunities. The key is to identify several critical support levels between the high and low points and assess the strength and potential of rebounds. RIVER's recent market movement provides a good case study—observing the full cycle from positive news-driven momentum to technical correction.