RIVER Rips Higher on Squeeze + Alt Rotation

$RIVER spiked to $88.1 and is now trading near $86, up ~38% in 24h, extending a +197% weekly move and an explosive +2,100% gain over the past month, sharply outperforming a flat broader market.

What’s driving it:
• Short squeeze: Crowded short positions in derivatives were liquidated as the price climbed, accelerating upside
• Capital rotation: Traders rotated out of BTC/ETH into high-beta small caps
• HTX Earn launch: New RIVER Flexible Earn product added yield-driven demand and locked up supply

This is a leverage-fueled rally, which is bullish short-term but highly volatile.

Key watch: Can RIVER hold above the major liquidation zone near $60, and will spot demand step in to sustain the move?