$RIVER WARNING: Is the "Dog House" Trapping Bulls Again? 📉
⚠️ Caution on ($RIVER) ⚠️
We are seeing a potential trap forming on $RIVER (River Protocol), and on-chain data suggests the "Market Makers" (often called the Dog House 🐶🏦 in trading slang) are already taking profits while retail traders pile into longs.
Here is the breakdown of the bearish signal from the charts:
1️⃣ The "Dog House" is Offloading:
Looking at the on-chain transaction data (see screenshot), we see a stream of regular, fixed-amount sell orders hitting the market.
The Pattern: Wallets like 0x5bff... and 0x2c8e... are systematically selling chunks ($1,000 - $1,800) repeatedly.
The Signal: This "drip-selling" strategy is classic distribution behavior. Instead of one massive dump that crashes the price instantly, whales offload slowly to keep the price stable enough to attract more exit liquidity.
2️⃣ The Funding Rate Trap:
The funding rate has spiked, signaling the crowd is overly aggressive on Longs.
History Repeating? The last time funding hit these levels, $RIVER was trading near $80. Traders expected a push to $100 and piled in, paying massive fees just to hold positions. The result? A brutal crash that trapped everyone.
The Mechanics: When funding is high, Longs pay Shorts. If the price stagnates (due to the selling mentioned in point #1), Longs bleed out from fees and eventually get liquidated when the price drops.
📉 Market Psychology:
The "Dog House" (Market Makers/Whales) plays on greed. They let the funding rate rise to tempt you into thinking "momentum is up," while they quietly sell into your buy orders.
My Strategy:
Watch the $17 - $18 Level: If we lose this support, the drop could accelerate as trapped Longs rush to close.
Don't chase the pump: The risk/reward here heavily favors the Short side or staying in USDT.
History tends to repeat itself—don't be the liquidity for someone else's exit! 🩸
#RİVER #CryptoTrading #WhaleAlert #bearish #OnChainAnalysis