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RIVER enters the retracement phase to harvest double gains, and there are currently no obvious signs of a bottoming out. On-chain monitoring data shows continuous outflows of funds—this is often a window for positioning.
For traders who are still on the sidelines, consider building positions at lower levels. The short target is set around 15-14, with the key being proper position management and not forgetting to set stop-losses. Assets like BTC and DASH tend to experience increased volatility during macro data releases (such as the US CPI report), so pay extra attention to position risk.
The current market conditions actually offer many trapped traders a chance to turn around. The market is in a correction phase, which is the time for disciplined traders with patience to re-accumulate positions. The key is mindset—manage the cost of each trade well and don’t expect to turn things around in one shot.