#ordi
《The market stabilizes----ORDI point update》
As Bitcoin breaks through 59100 and stabilizes, it has now stabilized above the middle track of the 4-hour Bollinger Band and started to trade sideways, which is also in line with the weekend's market with small fluctuations.
ORDI, we have been holding on to our positions since we entered the market at around 28.5. When the market was unstable yesterday, we did not make any more positions. Now that the market has stabilized, we can temporarily reduce our positions at around 30.6.
On the last day of last week, the US stock Bitcoin ETF contributed to the stability of Bitcoin, with a net inflow of US$35.9 million, while the Ethereum ETF was listed not long ago and has not stabilized, with a net outflow of US$15.005 million. Fortunately, Bitcoin recovered its decline, giving the cottage industry a breath of fresh air.
The liquidity decreased over the weekend, and the market was mainly sideways, giving the main force and the long and short sides a chance to rest. Today's market forecast is like this, and the fluctuation may be larger in the evening.
When there is no market, you must learn to wait patiently. Being greedy and reckless may cause property losses. When the market changes, Tucker will post updates in time to inform fans and friends.
