ONDO: Last night I poked around from roughly 0.41 all the way to 0.533. I’m not chasing it now.
The current price is about 0.525. I’ll wait for a pullback to around 0.49–0.505 and then cautiously go long with a small position to test it: first target 0.54, then watch for 0.56; if it breaks below 0.475, then this move is over.
Why I’m doing this: 1) Ondo just launched three “Powered by BlackRock” portfolio coins (BLKHIon, BLKDIGon, BLKGRWon). The strategy is done by BlackRock for Ondo, but the tokens are actually portfolio shares issued by Ondo and available only to non‑US eligible investors. The name says BlackRock, but that doesn’t mean BlackRock is buying the coins, and it also doesn’t mean the money has already gone into this governance token. 2) Over the last 24 hours it’s risen by about 28%. After touching 0.533, the 15‑minute chart started to move sideways; the funding rate is still positive, so chasing the current price has a poorer odds.
Just my personal view—manage your own position.
$ONDO
The current price is about 0.525. I’ll wait for a pullback to around 0.49–0.505 and then cautiously go long with a small position to test it: first target 0.54, then watch for 0.56; if it breaks below 0.475, then this move is over.
Why I’m doing this: 1) Ondo just launched three “Powered by BlackRock” portfolio coins (BLKHIon, BLKDIGon, BLKGRWon). The strategy is done by BlackRock for Ondo, but the tokens are actually portfolio shares issued by Ondo and available only to non‑US eligible investors. The name says BlackRock, but that doesn’t mean BlackRock is buying the coins, and it also doesn’t mean the money has already gone into this governance token. 2) Over the last 24 hours it’s risen by about 28%. After touching 0.533, the 15‑minute chart started to move sideways; the funding rate is still positive, so chasing the current price has a poorer odds.
Just my personal view—manage your own position.
$ONDO