I took a look at Ordi today and it seems that it is entering the final wave of correction.

Looking at the 3-day K-line chart, there is a complete 5-wave structure from mid-September 2023 to the end of 2023. In the more than two months from January to now, it has been a callback wave stage.

The last small level C wave currently in the callback wave

Graphically, Ordi has a clear upward trend line. Looking at Fibonacci, there are three retracement support levels, 65 and 55. Personally, I think these two prices are the positions where you can open/increase a position.

When it breaks through 97 again, a new upward trend will definitely begin. As the leader of inscriptions, if Ordi starts an upward trend, the entire inscription market will be driven along.