The recent movement of RIVER reminds people of a classic case from last year. A trader used 20,000 yuan to trade TRB, and a wave of market movement earned 5 million, but unfortunately didn't fully grasp the final rally.

Speaking of TRB, many people may have heard of it. It surged from $7 all the way up to $555, then entered a sharp decline. The entire process took four months. If you want to analyze the trend characteristics of similar coins, TRB's historical chart is worth a look.

Now it's RIVER's turn. Starting from $1.6, it has now reached around $150.

Here, I want to highlight the current risk points. Yesterday, it jumped from 28.8 to 57 this morning, doubling in value. According to conventional technical analysis, a correction is inevitable next. The correction usually ranges between 10-30 points, which is considered normal volatility.

The key point is that RIVER has broken through the near hundredfold integer level of $50. Therefore, the next important support level to watch is $50. If it stabilizes at this level during the correction, the next wave of market movement could very well target $100.