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ORDI at a Crossroads: Rally Fizzles but Long-Term Picture Still Intact

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ORDI is trading at $36.13 today, up 3.13% in 24 hours—sounds bullish, right? Not so fast. Dig deeper and the picture gets messy:

The Reality Check:

  • Still sitting 19.93% below where it “should” be on Oct 19, 2024 according to projections
  • Last 3 months? Down 5.04%—that’s bearish territory
  • But zoom out: up 1,032.24% YoY. Yeah, that happened.

What’s the Market Saying?

  • Fear & Greed index at 48 = neutral vibes, no FOMO, no panic
  • Technical indicators split: 20 bullish signals vs. 5 bearish—more votes for up, but not unanimous
  • Monthly trend up 8.18%, but the medium-term grind is definitely down

The Verdict? ORDI’s in that awkward phase where momentum meets resistance. Short-term pop doesn’t erase the 3-month slump, and neutral sentiment means there’s no conviction either way. Volatility is still king in this space—position sizing matters more than direction bets right now.

ORDI0.43%
AT-0.5%
LONG-14.47%
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