Short ORDI. 2024-1-1235 points.
1. ORDI rose from 3 on October 2023 to 92 on January 2, 2024, a 30-fold increase. The dealer has made a lot of money and has entered the profit realization stage. It is also very obvious on the market: A. Stagflation, the dealer slowly reduces its position while protecting the market. B. Sideways, the dealer slowly reduces its position while protecting the market. C. The dealer no longer protects the market and sells quickly.
2. Grayscale dumped BTC, and the overall market fell into adjustment.
3. Retail investors are bullish on popular coins, which is providing the best environment for market makers to sell their stocks.
3, first target 40, second target 30, third target 20.
