ORDI collapse sign? Panic spreads, short-sellers rise!
ORDI's recent on-chain data is simply unbelievable - large orders frequently smash the market, selling pressure soars instantly, and many investors are liquidated. The panic in the market is like a snowball, getting bigger and bigger, and becoming more and more difficult to deal with. There is even news that ORDI may have to **"return to zero"**, and this negative emotion instantly plunges the market into the abyss.
Market panic, short-seller carnival
On the disk, as panic spreads, shorts also begin to rise quietly. With the influx of selling orders, ORDI's price fell rapidly, and investors' confidence plummeted. The uncertainty of the market and the outbreak of the liquidation wave have exacerbated this "trampling effect", and even some old players have begun to get nervous.
From a technical point of view, ORDI's support levels have been broken one by one, the market has fluctuated violently, and the overall mood has also deteriorated sharply. All this means that shorts are taking the initiative, and there may be more selling pressure in the short term.
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