ORDI and KITE, a brief casual chat about the current market sentiment ✨



As an established and popular veteran leader, ORDI previously experienced a significant deep correction, squeezing out all the bubbles along the way. After a long bottoming process, it has now fully stabilized, with selling pressure gradually easing, and the bottom support becoming more solid. The recovery momentum is quietly building, and the foundation and popularity of this veteran asset remain intact. Once market sentiment warms up, its resilience will definitely be there.

KITE is a recently very impressive new hot spot. After a strong surge, it completed a healthy correction and shakeout, clearing out the floating supply. Now it is regaining its upward rhythm, steadily climbing, with capital enthusiasm still intact, and the upward trend remains very strong.

One is an old benchmark with deep oversold conditions, low-position accumulation waiting for a reversal; the other is a new strong asset that continues its trend after shakeout and re-launch.
Currently, risks on both sides have been fully released, and the market is gradually strengthening. The downward space is now very limited, and the potential for future upward movement is even greater. Overall, it’s quite optimistic, so just continue to patiently hold a bullish outlook. #Gate广场五月交易分享 $BTC
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