ORDI is about to fall below 2U, with a market cap plunging to 40M, a devastating decline—if it's fallen this far, why are people still stubbornly holding onto inscriptions and sticking with ORDI?

As the leading inscription project and the first BRC-20 token, ORDI once backed by the Bitcoin ecosystem soared to 97U, hailed as the "inscription ceiling," with many heavily invested. Even now, they refuse to sell, convinced that inscriptions have a future.
Some say inscriptions are a "asset layer revolution" in the Bitcoin ecosystem, and that holding on can turn things around. But in my view, that's just self-comfort for those trapped. ORDI has fallen 99% from its high and lost its halo. The reason some still hold is essentially threefold:
1. Inability to let go of initial faith: stubbornly clinging to ORDI's "first BRC-20" label and its 20,000x rise, while ignoring that Bitcoin developers have already pointed out that inscription protocols are "junk information" exploiting client vulnerabilities, which could be fixed. The initial advantage is fragile.
2. Self-delusion after being trapped: most holders are stuck at high prices, falling from tens of dollars to near 1U. After huge losses, they choose to do nothing, claiming to believe in inscriptions' future, but in reality, they are unwilling to accept misjudgment and are gambling on a vague rebound.
3. Mistaking concept for value: being fooled by narratives like "native asset's only solution" and "technological iteration," but in fact, the track is bubble-prone. Most inscription tokens have gone to zero, and the so-called iterations are just hype without practical applications. Long-term value is nonexistent.
To those holding onto ORDI, stop fooling yourselves. Approaching 1U and a market cap of 40M is a return to value after the bubble burst. Inscriptions have no real value. Current holding is not faith, but obsession—only deepening the trap.