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ORDI 212% I got it, what’s next?
Main text:
Report the data first, then discuss the operation.
The current BTC quote is $74,810, down slightly by 0.29% in 24 hours, oscillating between 73K and 75K. ORDI is now quoted at $9.022, a 212% surge in 24 hours, with a total liquidation of $22.75 million across the network, including $17.57 million in short positions liquidated. SATS is now at $0.00000002266, up 60.8% in 24 hours. NEIRO has increased over 48%, AXL over 37%.
My operation:
1. Did I get in on this rebound?
Yes. I started accumulating ORDI around $7 in batches, sold half of my position near $9, and let the remaining profit run. I didn’t move the SATS position because the BRC-20 sector overall is rallying, with MUBI even up 398%, indicating capital rotation.
2. What’s the plan next?
If ORDI pulls back to $8.5 without breaking below, I will buy back the portion I sold. If it continues to rise, I will sell one-tenth each time it increases by 20%. I won’t try to catch the top, just follow the trend. I didn’t touch NEIRO and AXL this round because their market caps are light but the concentration of chips is high, and the volatility is too large for my style.
3. What if I haven’t gotten in yet?
It’s not cost-effective to chase ORDI now. My suggestion is to look for low-market-cap targets in the BRC-20 sector that haven’t started moving yet, and accumulate small positions to wait for rotation. Or simply wait for a pullback and avoid chasing highs.
4. How do I see the market going?
The crypto fear and greed index is currently at 22, in extreme fear. This rebound relies on short covering and short-term sentiment, not a fundamental reversal. If BTC doesn’t stabilize above $75K, altcoin positions shouldn’t exceed 30%.
# Altcoins are strongly rebounding
$ORDI