$10 invested in ORDI, brothers, are you okay?

10 hours ago, ORDI was still flying high, reaching a peak of $10.7, with a market cap surpassing the total of all Runes, and the community was shouting "ORDI to the moon." And then? Within 10 hours, the price plummeted from $10.7 straight down to $6.82, a 30% drop, turning profits into losses, excitement into confusion.

First look at the surface: a 157% increase in one day, then a 30% drop overnight.

In the past 24 hours, ORDI surged from $3.4 to $10.7, with trading volume exploding to 6-8 times the market cap, and the whole network shouting "BRC-20 king returns." But within 10 hours, the price was back near $7, MACD flipped bearish, and those chasing the high are being pressed to the ground and rubbed.

First thing: the narrative is back, but there aren't enough new buyers.

Ordinal inscriptions have exceeded 90 million, and the Bitcoin ecosystem is once again in the market spotlight. As the "first BRC-20 token on Bitcoin," ORDI naturally benefits from the biggest dividend. The problem is, this wave of rise was driven by an extraordinary market maker.

Second thing: smart money is still in, but they’re making money off your panic.

AI-driven trading strategies and big players are still watching ORDI. It’s said that some traders, holding ORDI contracts combined with AI, are already making a killing. They’re profiting from your chasing high, getting trapped, and selling at a loss.

Third thing: technical analysis shows that $5 is the critical dividing line between life and death.

ORDI fell from $96 to $2.12, a two-year decline, forming a massive descending wedge. The huge bullish candle on April 16, breaking through the key resistance at $5 with volume, is theoretically a reversal signal. If the price tests $5 and holds, that’s a real buying opportunity. If $5 doesn’t hold, it’s straight to $3—fake breakout, true trap.

On one side: the narrative is reignited, smart money is entering, Bitcoin ecosystem is recovering.

On the other side: 30% flash crash, MACD turning bearish, market makers suspected of dumping.

The key level: $5.00, the last bottom line for bulls and bears.

If you’re a short-term trader: wait for a pullback to $5.8–$6.2 for light testing, target $8.5–$10, cut losses decisively if it falls below $5, next stop $3.

If you’re a long-term player: wait for a retest of around $5.5 to confirm support before entering, keep position size at 3-5% of total funds. ORDI fell from $96 to 92%, the fundamentals are not dead, but it’s not worth going all-in. Take profits in stages: sell some at $8, more at $10, and move stop-loss accordingly.

ORDI now is like a double-edged sword—narrative on the left, trap on the right. Which side you choose depends on whether you’re controlled by emotion or trading with your brain. #山寨币强势反弹 #Gate13周年现场直击 $ORDI