BOSS Wallet data source, Ordinals today's price trend, ORDI latest price breaks to $19.12, an increase of 3.24%, trading volume $641,657,000

Through K-line analysis, it is currently in a consolidation trend. Compared to 11:00, there has been a significant increase, breaking the high point of 04:00. The synchronous rise of price and trading volume usually indicates strong buying support in the market. Buyers are trading in large volumes at higher price levels, indicating optimistic market sentiment and strong bullishness.
In this context, future prices may continue to rise as market momentum remains strong and buying continues to flow in. Investors should focus on the breakthrough of key resistance levels; if prices can consistently break through and stabilize at higher levels, it indicates the continuation of an upward trend.
In a consolidation trend, trading volume increases, and price and trading volume rise synchronously. According to the Williams indicator, it is currently in an overbought situation. Recently, trading volume has increased, with volume rising compared to several hours earlier, and price and volume rising simultaneously: trading is active, and upward momentum is strong.

Market sentiment is optimistic, and the upward trend is expected to continue; it is recommended to hold or moderately increase positions.

The above content is for reference only and does not constitute investment advice.