$ORDI


ORDI from a technical perspective: The danger behind the short squeeze frenzy
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Extreme market conditions and the dilemma of leading tokens
As inscription narratives are rekindled alongside BRC-20 ecosystem activities, ORDI has staged a textbook-style short squeeze. The price briefly broke through the $9 mark, with a 24-hour increase of over 150%, and contract liquidations topped the entire network. Currently quoted at $7.7
Meanwhile, ORDI's rise has been accompanied by a "long and short squeeze": a large number of shorts
Holding heavy positions in the $3-4 range,
As the price surged to $7,
These positions became the "fuel" driving the price higher, creating a death spiral where the rally feeds itself.
Core risk: ORDI has now become a pure "long-short betting arena."
ORDI117,78%
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