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Good morning, everyone, dear friends 💹
After ORDI surged high and celebrated yesterday, today it has experienced a deep correction. The current price is 4.296, down 8.87% intraday, with obvious capital outflow.
The 1-hour timeframe shows a standard rebound and profit-taking at high levels, linked with Bitcoin's synchronized shakeout, indicating it’s not a complete bearish trend. The underlying structure of the rally remains intact.
ORDI itself is highly volatile. During sharp declines, do not blindly chase short positions or hold large positions. Strictly control your positions, set proper stop-losses, and always prioritize your capital.