$ORDI $ACT I found that many people still like to complain, but complaining is actually of no use and won't change the situation. Based on the partial information I have seen, I will analyze the overall chip structure of ordi. (Low-cost large holders represented by Wang Feng who are mid-term chasing the market), (Older holders represented by cabbage with zero-cost mint) these large holders collectively hold 20-30% of the total ordi, while retail investors hold less than 15% of ordi in total. The market makers are not afraid of retail investors making money, as retail investors only have that little bit of chips, but large holders are different. If they push up the price and then sell it off, the market makers will also lose money. All the counterfeit market makers have the same strategy: they kill large holders to allow some retail investors to make money; if large holders do not sell, then there will be no price increase. The current situation is such that ordi, being a Chinese project, cannot go on CB, and foreigners are not buying in, which prevents the absorption of effective funds. Internally: these older holders stubbornly cling to their positions without reducing their holdings, even competing for chips with the market makers, which is one of the main reasons why ordi has not seen a price increase until now. (This situation determines that ordi will not see a price increase for a long time in the future; I have seen many people recently complaining about missing the bull market because they are holding ordi.) PS: An example of people, the large holders in the Chinese market purchased people worth 50 million RMB, leading to a washout that lasted for two full years before reaching the current position. Based on this, switching to sats for those who have faith in the inscription ecosystem / for those without faith, new memes like act/moodeng/pnut, etc., are all good choices.