RIVER surges 11% as investment flows into futures market strengthen sharply, but selling pressure remains present

In the past 24 hours, the price of RIVER has become the focus of investor attention, recording a significant increase of 11%, far exceeding the average growth of 4% to 6% seen in most of the cryptocurrency market.

A Turning Point at a Critical Moment

This price rally occurred at a sensitive time when community sentiment toward RIVER is gradually shifting to a neutral zone. This reflects uncertainty and imbalance in the market.

However, despite the strong growth, RIVER’s long-term outlook is not yet fully tilted toward an upward trend, as some investors remain cautious, predicting the possibility of a correction in the future.

Investment Flows Drive Price Rally

The main driver behind the recent price surge is the increased capital inflow into the Perpetual Futures market. Traders have begun to allocate more funds into RIVER contracts, expecting prices to continue rising in the near future.

According to data from CoinGlass, RIVER’s open interest (OI)—which represents the total value of open perpetual futures contracts—has increased by $31 million in the past day, reaching $196 million currently.

Source: CoinGlass This 16% increase indicates growing confidence among traders regarding market direction, with clear signals leaning toward an upward trend. On Saturday morning, the Funding Rate weighted by OI reached 0.0442%, confirming that most leveraged traders are betting on long positions.

To clarify, the Funding Rate weighted by OI measures the distribution of capital in perpetual contracts. When this index is positive, it indicates that long traders are paying funding fees to short positions, reflecting optimistic sentiment. Conversely, a negative index suggests short positions dominate, indicating a bearish trend.

Increasing Short Activity – Risks Still Present

Although capital inflows are pushing prices higher, not all investors are optimistic. Some traders have started increasing short positions, raising the risk of a downward correction.

Data from CoinGlass shows that the long-to-short ratio on major exchanges like Binance and OKX is leaning toward a bearish trend, as short volume continues to grow.

This ratio measures the balance between long and short positions. When below 1, short volume dominates; when above 1, long activity is stronger. Currently, Binance’s long-to-short ratio is 0.56, while OKX is even lower at 0.36.

Source: CoinGlass Both indices are significantly below the neutral threshold of 1, indicating an increasing presence of short positions.

Additionally, Binance leads in RIVER trading volume with approximately $431 million, followed by OKX with $387.62 million. These two exchanges account for most RIVER trading activity and control a substantial portion of the asset’s Open Interest: Binance holds $57.23 million, and OKX holds $23.83 million. This large capital concentration means that trading on these platforms can strongly influence short-term price volatility.

Inflow of Buying Pressure in Traditional Downtrend Zones

The Accumulation/Distribution (A/D) indicator shows that investors have started buying even when the market was in previously considered bearish zones.

Since March 9, this indicator has shown a significant shift toward accumulation. During this period, the A/D index increased from -24.11 million RIVER to -22.58 million RIVER, indicating buying pressure is surpassing selling pressure.

This development supports the view that the short-term trend is gradually turning positive. However, caution remains necessary.

Source: TradingView Although the A/D indicator has improved, it still remains in negative territory, indicating that selling pressure still exists and has not been fully eliminated. Therefore, even as buying activity increases, the overall market structure has not yet fully escaped the influence of the previous downtrend.

Conclusion

RIVER is experiencing a volatile yet opportunity-rich phase. The recent impressive rally could be an early sign of a positive trend, especially with strong capital inflows and emerging buying pressure. However, the rise in short positions and the low long-to-short ratio on major exchanges remain factors to monitor closely, as they could pose risks to RIVER’s short-term value.

Mr. Giáo