$ORDI This significant drop requires a longer period of consolidation before the next rise. The inscriptions are based on BTC, making them easily influenced by Bitcoin's fluctuations. Around the holidays, Bitcoin is likely to experience corrections and volatility, so the ORDI contracts should focus on closing positions during this rebound. It's not easy to short in a bull market, but I still firmly believe ORDI will reach new highs.
Additionally, BRC20 is a rare decentralized protocol in the crypto world, driven purely by the community without project parties. Currently, the only truly decentralized token is Bitcoin. The primary market for inscriptions has already seen several excellent targets beginning to rise, and there is even a community target that has shown a trend surpassing ORDI.
I recommend decentralized investment enthusiasts observe the primary market for inscriptions, such as Jinπ and Wawa, one being a large grassroots community and the other being the first original IP meme inscription of Bitcoin. Especially Wawa, with a low market cap, has the potential for a hundredfold increase in the future. The Bitcoin ecosystem is in a chaotic period, and there are relatively few quality targets; most may go to zero, so avoid random investments and be mindful of risks.