RIVER is showcasing a "violent aesthetics" on the chart, soaring 23% intraday and breaking through $79, with a market capitalization surpassing $3 billion for the first time!

The spot price is higher than the contract, with both open interest and trading volume hitting new records. Major funds are aggressively buying in a wave-like manner. This highly volatile "main upward wave" has pushed the market into a complete frenzy.

Currently, market sentiment is extremely divided! Institutions and big players continue to enter the market shouting $100, while risk-averse retail investors are collectively shorting. As a result, the funding rate is negative, with shorts not only being squeezed but also paying longs. This short-squeeze situation is rapidly consolidating positions, with 24-hour open interest increasing by over 27%. The bulls and bears are engaged in a fierce battle.

Now, it's all about whether $80 can hold. If it can hold and volume increases, there could be another upward push; if it drops back to $72, this wave of enthusiasm will likely cool off. This market is suitable for quick traders to enter and exit swiftly. If you want to profit, watch the $80 level closely. If the situation turns unfavorable, exit immediately. Never fight the trend $River #RIVER一个月暴涨50倍