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【$ORDI Signal】Empty position, wait for structure confirmation
$ORDI Price decline accompanied by high open interest, market logic suggests distinguishing between long liquidation and main force distribution. The current structure is ambiguous, lacking clear PA support signals, with risks outweighing opportunities.
🎯 Direction: Empty position
The market shows a -2.74% decline alongside a 22.48M trading volume and 1.7698 million open interest. This combination during a decline usually indicates intense battle between bulls and bears, but price action has not yet provided clear absorption or distribution confirmation. Until the price forms a clear support structure (such as a double bottom or demand zone rebound) or effectively breaks through key resistance, entering the market is like guessing the size.
The core of small loss and big profit is to act only when advantageous structures appear. Here, there is no advantage, only noise.
Stay patient and wait for the market to give a clearer mathematical answer.
Trade 👇 $ORDI
here
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