🚨 $RIVER The downward trend is intensifying! The rate has plummeted to -1.18%. What signal is being released?
$RIVER has further dropped by -8.03% today, quoting at $16.44. The market seems to be crashing, but the funding rate in the background has entered an 'extremely crazy' mode, and a reversal could explode at any moment!
📍 Buy: 15.10 – 16.20
🛑 Stop Loss: 14.80
🎯 Target: 18.20 / 21.00
⚠️ Core Explosive Points:
💸 Defying Negative Rate: The rate has reached -1.185%! This means that every 4 hours, short sellers have to pay substantial interest to long holders. Short positions are extremely crowded, and the risk of liquidation is increasing dramatically.
📈 Huge Spot Premium: The index price ($17.00) is much higher than the current price, with a serious negative basis on the contract. This kind of 'deep pit' trend is usually accompanied by strong corrections.
🔥 Positive Hedge: Although the market has corrected, River has recently integrated deeply with Curve and launched satUSD incentives, and the fundamentals have not weakened, belonging to the typical 'bloody chips'.
✅ Click the tags below to view real-time K-line. This opportunity with negative rates 'earning wages', do you dare to take the order?👇
$RIVER
