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Regarding the recent movements of $RIVER, there is a phenomenon worth pondering.
The candlestick chart looks beautiful on the surface, but the underlying logic might suggest something else. I've heard that unlocking is imminent, but can retail investors really get a share? To put it simply, those unlocked tokens still flow back to early project investors and the project team, and most retail investors are completely out of the loop.
One strategy is like this—steadfastly not dumping spot, even if there are many short positions in futures, you hold firm. Some aggressive players might push you to the point of doubt, then open short positions in futures and turn around to sell spot to complete arbitrage. It all ends in one round.
Currently, the situation is that too many people want to short high before and after the unlock to make a quick profit. But I think most of these people will end up getting caught in a trap. Those trying to buy the dip or rush ahead, few will survive in the end.