$ORDI High-Leverage Grinder: 666 traders with long positions have a floating profit of 310,000 yuan, 364 traders with short positions are holding positions worth 1.44 million yuan——Who blinks first loses

$ORDI ORDI current price is 4.969 USD, with a 24-hour increase of +84%. The price is consolidating at a high level, and the bulls and bears are in the most intense confrontation stage.
$ORDI ‌
Currently, 666 long traders are in profit, with a total position of 3.54 million USDT, an average opening price of 4.53 USD, and unrealized profits totaling 313,000 USD. On the other side, 364 short traders are suffering losses, with a total position of 6.13 million USDT, an average opening price of only 3.80 USD, and unrealized losses totaling 1.442 million USD.

The key to victory or defeat lies in these data: although the number of short traders is small, their position size is almost twice that of the longs. Many short traders heavily entered during the initial rise in the 3 to 4 USD range, currently deeply trapped but not yet triggered liquidation. Once the price breaks above the 5.2 USD liquidation zone, these 6.13 million short positions will instantly turn from “holding” to “fuel,” igniting a second round of short squeeze.

Risks are also under the feet of the longs. The RSI of the double cycle has surged above 90 into the extreme overbought zone, and the funding rate remains negative. The signal of shrinking volume and rising price is faintly visible. If the shorts hold on successfully and the price falls back below 4.5 USD, the floating profits of the longs will quickly evaporate.

On ORDI’s trading table, the 6.13 million chips of the 364 short traders hang in the air——it is both the noose for the shorts and a trap for the longs chasing the high. Whoever blinks first, whoever is out.