Night of slaughter! $ORDI 24-hour surge of 212%, 24.2 million short positions wiped out in an instant



This is not a rebound; it’s a targeted clearance of the short sellers. ORDI shot up from a deep dive of $3.528 to a high of $10.760 within 24 hours in mid-April, now holding steady around $10.139. While most people are still watching Bitcoin and Ethereum, ORDI has surged an astonishing 182%, slaughtering the market, with a trading volume smashing 2.19B USDT. More brutal is the liquidation map—shorts worth up to $24.2 million were liquidated, not just a number but a verdict of countless contrarian traders’ accounts going to zero.
$ORDI
RSI soared to 97.2! Are the technical indicators overheating, signaling a bullish feast or the end of days?

The MACD histogram stretched out a long red bar of 0.745, with the DIF value breaking above 1.0, and RSI reaching an extreme of 97.238, sounding a red alert to the market. The SUPERTREND support is far at 6.309, indicating enormous bubble space above, but the vacuum zone below is equally deadly. The current market looks like a sports car flooring the accelerator while the brake pads are glowing red—bullish cheers, but every technical indicator is screaming “overbought.” Is this the final sprint of the crazy bull, or the prelude to a free fall after precisely blasting the shorts?

Smart money changes sides! Whales net sell $9 million, retail traders should think twice before taking the bait

On-chain undercurrents are more honest than candlestick charts. Tracking data shows that among 1,316 traders, the nominal long position rate is only 58%, not an all-out frenzy. More dangerous signals come from whale code-named B 1170: net buy of $6.69 million, but net sell of as much as $9.02 million—obvious distribution at high levels. Facing 905 savvy traders with a profit ratio of 88.72%, are 411 shorts with heavy losses, their average opening price only $6.48, now struggling in deep water. When the anonymous retail group begins to show a “net sell” trend, this feast may be entering its final passing-the-bat stage.

Death spiral confirmed! Short liquidations repeatedly push prices higher, a stampede-style short squeeze unfolds

ORDI’s surge is a carefully orchestrated hunt. Every short liquidation adds fuel to the bullish fire. The data chain is shocking: 1 hour saw $1.6 million in shorts liquidated, 4 hours jumped to $4.59 million, 12 hours exceeded $14.05 million, finally settling at 24 hours with $24.2 million. Every time the price breaks through a key resistance level, it’s accompanied by short stop-loss panic buying—classic “short squeeze death spiral.” On the global liquidation leaderboard, ORDI with a total liquidation of $35.55 million surpasses SOL and DOGE, ranking third only behind BTC and ETH.

End-of-feast signals: hold the 6.3 lifeline, don’t let unrealized gains turn into fleeting clouds

Beneath the celebration, danger and opportunity coexist. The current average cost basis for profitable longs is only $7.68, with huge unrealized profits that could exit at any moment. If the price stalls or volume shrinks, profit-taking sell-offs and long position stops will create double selling pressure. Remember the bottom line of SUPERTREND at 6.309—that’s the last dignity of the trend. For traders inside, enjoy the thrill of RSI at 97 but be sure to take profits; for outsiders watching, restraint is even more needed now. In the crypto gambling table, not taking the final shot is the only way to survive and see tomorrow’s sun.
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ORDI68,55%
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