ORDI recent market analysis: Yesterday, Ethereum (ETH) ushered in a wave of strong pull-ups, rebounding more than 400 points from the bottom of around $3,250, reaching a high of $3,688. It is currently encountering certain resistance around $3,700, which is mainly related to the accumulated locked-in positions after the Ethereum ETF was approved. In the short term, this position may take some time to digest before seeking a higher breakthrough. From the perspective of compensatory rotation, ORDI has not yet started significantly, but as a project that once led a small bull market, it may see a larger rise once it breaks out. The current price of ORDI is around $40, and there is still a lot of room to go from the upper target range of $50-60, so the current entry price is relatively cost-effective. Investors are advised to pay attention and avoid chasing high prices after a significant increase. $ORDI
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