Currently, ORDI is clearly controlled by bears on the 4-hour chart, and the daily trend also shows a bearish trend.
If the market fails to rebound and break through the range of 30.562 to 32.546 units in the next few 4-hour cycles, it is expected that the market will continue to fall.
When observing the long and short turning points at the 4-hour level, special attention should be paid to the price level of 28.957 units. The main downside target area may be concentrated between 27.504 and 25.878 units.
