ORDI did not actually reverse. It had a large downward trend but did not break through. The small pressure was the profit stop point of our contract at 41. The large level changed with the trend, which was about 48 to 50U.

Only when it stood firmly at 50U or above, could the spot price rise to 70U.

This process would be very painful and not very smooth, so we always do it in large waves. When it is good, whether it is spot or contract, it may rise by 10% to 20%+ in one day or even before you go to bed.

 

Key point: Before the big drop on April 14, 77U let you escape the top a few days in advance, and then it fell all the way by -60%, the lowest drop to 31U.

On June 3, it hit 63U, and publicly let you run away 3 days in advance, and then it also fell all the way by -60%.

Just wait this time. If there is a real right-side breakthrough, you can continue to get on the bus, otherwise you can only do waves and wait for bottom-fishing. #ORDI