$ONDO Is this dip the right time to buy the bottom?



Since ONDO started from its bottom, the total increase has exceeded 80%. Previously, low-cost holding funds have entered a concentrated distribution phase, with clear intentions to reduce positions in batches and lock in profits, and short-term selling pressure is gradually easing.
The market structure is weakening in sync, currently showing a typical shrinking volume and downward decline pattern with no volume for a rebound, while the decline is accompanied by volume, indicating that buying support is continuously weakening. This is a sign that bullish momentum is exhausted, and a technical pullback in the short term is highly likely.

So Lao K continues to short with his followers.
ONDO5.69%
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