$ORDI


The current trend is in a high-level consolidation phase after a clear surge and pullback. Earlier, the price kept rising from a low level and formed a strong bullish structure, but after testing around 5.1, it saw a rapid drop—showing that there is heavier sell pressure overhead, and short-term funds have started to take profits. Now the price has pulled back to around 4.8, repeatedly oscillating around the moving averages. Bullish momentum has weakened somewhat, but the overall trend has not been fully broken yet, and it still falls within the consolidation range after an up move.
There is clear pressure in the 4.9–5.0 area above, while there is some support around 4.65 below. In terms of trading, it is not advisable to blindly chase highs; a range-based approach is more suitable, mainly selling high and buying low, waiting for the direction to be chosen again. Only if it breaks the key support will the market truly, for real, start to weaken.
#Gate13周年现场直击
ORDI2.29%
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Will Ukraine re-enter Rodynske by...?
May 31
1.03x
97%
April 30
1.05x
95%
$2.48K Vol
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