The current strength dividing line of ORDI is the upper track of the 15-minute EMA, which is around 83. If it falls below, it means that ORDI will return to the middle track of the 15-minute line and consolidate on an hourly basis.
For those who are chasing ORDI, I have nothing to say about this. Please take a look at the funding rate, 0.13%! Is this a rate increase for you? Contract players charge fees every four hours. If it goes sideways 20 times, 15.6% of your principal will be taken away in one day. If it goes sideways for two or three days, you will have no money. This is possible only if ORDI doubles within three days. Get your money back!
We should continue to consider the possibility of BTC bottoming out three times in the next two days. Three bottoming out of BTC may lead to a decline in ORDI, and ORDI bookmakers may be greedy for the fee and chase up players' positions!
We urge contract players not to ignore the funding rate that is charged every four hours. The current funding rate is too high. 15.6% of the principal is charged a day. Even if you go long, you must ambush on the left to pick up the long, otherwise it will be easy to get caught. Two or three days and then you lose nearly half your money without doing anything!
