ORDI eye of the storm! Selling pressure soars, shorts counterattack in full force?
ORDI's recent on-chain data makes people gasp - large orders frequently smash the market, selling pressure soars sharply, and many people are liquidated. The panic in the market is snowballing, and there are even rumors that ORDI is going to "return to zero". This wave of negative emotions directly pushed the market into the abyss.
Large-scale selling pressure is usually a signal that the market is out of control, especially when combined with the liquidation wave and panic selling, which is often a "paradise" for shorts. However, the rumor of returning to zero is too exaggerated. After all, ORDI's fundamental support has not completely collapsed, and it is more like emotions being over-amplified.
It may be a good opportunity for shorts to chase; longs need to be careful not to let themselves become "leeks" in panic. For more market analysis, remember to follow Lao Chen, and the next wave of dynamics should not be missed!
