Seizing Opportunities in Altcoins: Ordi's 30% Profit Strategy
In the previous market, Ordi surged from the $7-8 range to around $11.2, and we successfully took profits at the high point. Since then, although Ethereum soared from $3,350 to $4,370, an increase of $1,000, Ordi failed to break its previous high, only touching $11 before retreating. Currently, the $11.2-12 range is a strong resistance level for Ordi; if it can stabilize in this area, it is likely to aim for a target of $20.
Operational Strategy:
Wait for a pullback to enter: The initial position is recommended below $8.5, patiently waiting for opportunities from Bitcoin or Ethereum pullbacks.
Cautious averaging down: If the market continues to decline, do not increase positions yet; wait for Bitcoin to stabilize and show clear rebound signals before considering averaging down.
Flexible profit-taking: After entering at $8.5, if it rises to around $11.5 (30% profit), consider taking quick profits.
Holding the core position: It is advisable to retain some positions; if Bitcoin continues to strengthen, Ordi may have the potential to break higher.
Risk Warning:
Ordi is a high-risk altcoin, and the technology is not yet mature; however, if subsequent applications are refined, there may be a rebound. The key is to buy at a sufficiently low average price; once the market cooperates, doubling is not difficult.
