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RIVER's recent trend has indeed been quite "fierce." Dropping from 17.8 to 13.375, several long upper shadows stand out, but a closer look shows that those rebounds haven't stabilized—typical false breakout phenomena. The continuous decline in negative rates indicates strong bearish sentiment, and this is often the phase when the big players start to exert influence.
Several details worth noting: recent candlesticks have deep lower shadows, which usually means the bottom is being tested repeatedly. From the perspective of the big players, the current movement resembles a violent shakeout—shaking out retail investors trying to catch the bottom, paving the way for a potential rebound.
Trading advice: don't try to catch falling knives at the halfway point. If you must participate in the rebound, consider gradually accumulating around 12.5, with a target above 16. But risk control is crucial—if it breaks below 11.5, you should cut losses decisively. Never fight this kind of pattern to the death. When the pattern is not yet clear, patience often proves more practical than rushing to act.