2026-01-17 03:23:07

The recent market movements of nriver are indeed quite interesting. In the early hours, it repeatedly oscillated between the 22-24 range. After 8 o'clock, it suddenly dropped to 21.5, then around 9 to 10 o'clock, it surged past the key resistance of 23.5, reaching as high as 25. It seemed quite vigorous, but a closer look at the chart reveals that the water is a bit shallow—trading volume is sluggish, liquidity is clearly insufficient, and finally, it encountered resistance at 26 and pulled back.

From the four-hour candlestick chart perspective, a death cross signal has already appeared on the technical side, which usually indicates a higher probability of downward movement. The likely next scenario is a retest and short-selling rhythm. The first target is around 21; if it continues to fall, the second target is set at 19.

This market is unpredictable and requires constant vigilance. The key is to think clearly about two things: when to take profits boldly and when to cut losses decisively. There's a saying—Heaven does not favor those who do not seize opportunities; instead, they suffer the consequences. Leaving profits on the table and then reversing to incur losses is self-inflicted. If you haven't even managed your stop-loss properly, it’s even worse, and in the end, you can only become market fuel.

Trade cautiously, operate prudently.

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ShibaOnTheRun

· 12h ago

Trading volume is so sluggish yet still daring to push the market; if it can't break 23.5 this time, it will have to fall back. Dead cross formed, still want to buy the dip? I advise you not to. Talking about stop-loss again, everything sounds right but no one listens. I didn't chase the last wave at 25, now I feel a bit regretful, but also glad I didn't get caught. This coin is really testing my patience, let's wait and see. Lack of liquidity means it's time to run; don't be greedy for that small rebound. Is 21 the bottom? I don't believe it; it can still break below 19. The chart clearly shows it's deceiving retail investors into buying in, a typical false breakout. I knew a dead cross was coming, just blame myself for not reducing my position earlier. I withdrew most of my position at 26, the rest can be considered as a sacrifice.

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SerLiquidated

· 12h ago

This dead cross is too obvious, see you at 21. Trading volume is weak, the rally is illusory, it will definitely retest. Getting hammered again? If you can't hold, just run, don't gamble. Oh my, it's the same old trick, really playing yourself if you don't cut losses. If it breaks 19, there's no hope, I'll run first out of respect. Lack of liquidity should be a warning, the water is too shallow. I've seen it coming a long time ago, just waiting to bottom out. Is it a rebound or a real drop? Watching the market is so annoying. This kind of market is most prone to liquidation, take it easy. If 26 gets stuck, you should know there's no hope. Profit isn't pocketed well here, reversing and losing everything in a flash.

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IronHeadMiner

· 12h ago

Once again it's a false alarm, the trading volume is so poor yet they dare to push, it's obvious that a decline is coming. --- A death cross and still sleepwalking, I immediately shorted heavily, expecting to see 21. --- That's right, this wave is just the big players shaking out, retail investors are still chasing highs. --- If the stop-loss isn't strict, you'll eventually get wiped out. I've heard this saying so many times, but I just can't follow through. --- The water may be shallow, but at the 19 level, I’m a bit unsure. --- Every time they say to take profits and cut losses, but in the end, they just hold on and become hostages to the market. --- Getting hammered down from 26, quite interesting. Let's keep watching the show tomorrow.

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SellLowExpert

· 12h ago

Another false breakout with insufficient volume, the same old tricks to death. With such poor trading volume, still daring to push higher, hilarious. Bottoming at 21? I think breaking below 19 is only a matter of time. Poor stop-loss execution will really get you wiped out and make you doubt life. This death cross is indeed ugly; the bears should show their strength now.

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SchrodingerPrivateKey

· 12h ago

It's that old story of the dead cross hitting bottom again, just repeating the same thing every time. The water's shallow, but I still bought a bit at 22. Whether to gamble or not, this is the move. I've talked about take profit and stop loss a thousand times, but when it really comes to the critical moment, I still hold the position, haha. That wall at 26 was really tough; yesterday I almost broke through, but in the end, I was pushed back. The saying "Heaven doesn't take what you don't want" hits hard—if you make a profit, you have to run; don't be greedy.

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CryptoFortuneTeller

· 13h ago

Here we go again, with such thin trading volume, still boasting about a rise. The fake breakout smell is too strong. I just want to ask, if it really drops to 19, would you dare to buy the dip, or are you going to get caught again? A death cross is a death cross, don’t make it seem like the end of the world. The key is whether you’ve placed a stop-loss order or not. A few days ago, it was the same story, and what happened? We’re still trapped inside. People speak nicely, but honestly, everyone knows they should cut losses. The real difficulty is pressing the sell button at that moment.

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