Lao Chen's short-hand: ORDI's selling pressure has skyrocketed! The wave of liquidation has caused panic. Is the opportunity for short sellers here?
Recently, ORDI's on-chain data is very bad, and large orders have frequently appeared in the market! Many people have already had their positions liquidated, and seeing the panic wave after wave, some people even said that ORDI will return to zero. Such emotions have further unbalanced the market, and bearish sentiment has gradually spread-this is simply a "golden moment" for short sellers.
ORDI is under tremendous pressure under the selling tide, and the characteristics of this kind of panic selling are often the "catalyst" for short-term adjustments in the market. For short sellers, this is undoubtedly an opportunity to "target the opportunity" and arrange short selling! However, short sellers should also pay close attention to the changes in market sentiment in the future, keep an eye on key support levels, and avoid the risk of rebound caused by sudden changes in sentiment.
ORDI's trend is changing, Lao Chen has made up his mind, pay attention to a wave, and make steady profits!
