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Brothers, ORDI has been steadily drifting down from 5.097 all the way to 4.301. I know many brothers who entered at high levels are already panicking—even thinking about cutting losses. But listen to me: if you cut losses now, you very likely end up selling right at the bottom.
Why? The core signals have already shown up:
1. Bearish force is exhausted: Even though the price is at 4.301 (down 3.76% in the past 24 hours), the key signal is that trading volume has shrunk to recent lows. This indicates that the selling pressure is nearing exhaustion—everything that could be sold has been sold, and the bears can’t smash it down anymore.
2. Strong support has been verified: On the 4-hour timeframe, after the price pulled back nearly 20% from the high, it was smashed down to a low of 4.121, then quickly pulled back above 4.3. This shows that there is extremely strong buy-side absorption around 4.1—this level can’t be pushed lower.
3. The trend hasn’t been broken: The price has re-established itself above the 7-hour moving average (4.309), and the long-term MA99 is still firmly trending upward. This tells us: the big trend remains bullish; what’s happening now is only a mid-term shakeout during an ongoing uptrend—absolutely not a trend reversal.
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