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$ORDI ORDI This wave of popularity has long passed, the surge in mid-April was just funds riding the narrative of inscriptions to pump the price. Now that the hype has faded, the price is simply hovering at a high level with sideways movement, with no funds willing to buy in.
Currently, it's the stage where the main players are offloading, and the sideways trading is just a trick to lure retail investors to buy in and take the risk, with a potential crash at any time.
Those holding the coin should quickly sell on rallies, don't chase the rebound. The longer the sideways consolidation lasts, the greater the chance of a decline; those who haven't entered should stay away. For coins whose hype has faded, a drop is inevitable, and don't think about bottom-fishing or catching a bargain—it's easy to buy in at the middle of the decline. $BTC $ETH #ETH链Meme币FLORK拉升 #Gate13周年现场直击 #加密市场行情震荡