ORDI experiences a sharp drop by half, then shows a key stabilization signal! Are you ready?



After halving near $10, ORDI is indeed frightening. But after the panic, the candlestick chart indicates the darkest moment has passed, and in the short term, it is beginning to stabilize, with a mid-term potential for oscillating upward.

On the technical side, the EMA7 and EMA30 moving averages are gradually converging and tightening, indicating the bearish momentum is weakening. The Bollinger Bands are noticeably narrowing, with the price consolidating sideways around 5.1, and volatility decreasing. At the same time, a small double bottom has formed in the 4.8-5.5 range, with strong support below.

Fundamentally, as the pioneer of BRC-20, ORDI remains a core leader in the Bitcoin inscription ecosystem.

Follow-up trading suggestions: Aggressive traders can try a small position around 5; more conservative traders should wait for volume to stabilize above 5.4 before following up; stop-loss at 4.5, and exit if volume drops below that. Markets often emerge from despair; the current sideways movement is likely giving the market a discount card.
ORDI4.19%
BTC0.6%
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