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$RIVER recently declined, mainly due to the combined effects of "600% + sharp surge followed by a normal technical correction, high leverage long profit-taking/liquidation, and market resonance," rather than project fundamentals issues. The current price is mostly digesting the previous extreme gains, waiting for satUSD's real adoption data to reprice.
In the short term, it is likely to continue oscillating at high levels or test the lows again, with key support around $1416, and even the possibility of retesting $1213. Unless satUSD's TVL explodes or there is a major integration announcement, it will be difficult to quickly return above $22, which is a typical phase of shakeout after a new high.
However, from a mid- to long-term perspective, River is a leading project in chain abstraction + Bitcoin-native stablecoin track, endorsed by Arthur Hayes. After mechanism iteration, its resistance to manipulation has also increased. If satUSD truly gains volume and circulation exceeds hundreds of millions, there is still room for a double in price. But currently, it is a high-volatility, high-risk window; chasing the high may lead to being trapped. It is recommended to wait until a clear bottom is confirmed and fundamental data is verified before considering. If you find this useful, follow, bookmark, like, and discuss in the comments!