After Ordi went online yesterday, it ushered in a wave of skyrocketing, but then a wave of large-scale shipments began. In fact, it is not difficult to understand that after the exchange was launched, the first batch of people must have received quite good returns. They need to gradually bring the goods to the exchange for shipment, and the chain is congested, so this wave of shipments came relatively late.
After experiencing a decline, many people who hold stocks may panic, and people outside the market may also be hesitating whether to buy at the bottom.
Let me briefly analyze it for you:
First of all, the shipment is not caused by the so-called banker, but by the expected price of many early entrants, so there will be a staged shipment. The shipment of large investors can give retail investors more opportunities to enter the market.
In Figure 1, during the yellow arrow period, large investors have gradually sold their stocks to cash in, while during the red arrow period, retail investors have gradually entered the market. The subsequent rise is also the reason why more people continue to enter the market. This is a very normal market behavior. If people near the red arrow want to make a profit, they need a higher space. As the number of holders continues to increase and the frequency of turnover increases, the market will become more active.
Putting aside the value, Ordi, as the first project on the BRC0-20 chain, is very popular and has attracted much attention. As long as it maintains a high level of popularity, market value and circulation, it is more likely to be listed on other exchanges in the future. Therefore, there is still plenty of room for growth.
When facing any currency, you must learn to analyze it and not just follow the crowd. Only by knowing how to discern the market sentiment can you truly grasp it.
During yesterday's downward trend, I have been planning to continuously increase my holdings and accumulate funds, with the short-term goal of 1x.
Want to know how to grasp it?
