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not crashing… it’s breathing. And right now, the market feels heavy.
Price is sitting around 4.47, down nearly 3% on the day. The high reached 4.86, but since then, it’s been a slow, controlled slide. Not panic. Not chaos. Just pressure building step by step.
You can see it clearly — lower highs forming, small bounces getting weaker. Buyers are trying, but they’re not pushing hard enough. Sellers aren’t aggressive either… they’re just quietly in control.
The drop to 4.41 is important. That’s where buyers stepped in and said, “not lower than this, for now.” And now price is hovering just above it, almost like it’s deciding whether to hold… or give up.
Volume is decent, but not explosive. Around 1.88M ORDI traded, which tells you this move isn’t driven by hype — it’s more calculated, more patient.
If price reclaims 4.60, momentum could shift quickly and catch people off guard. But if 4.40 breaks cleanly, the downside could open up faster than expected.
This is one of those quiet moments in the market… the kind where nothing looks dramatic, but something is clearly changing underneath.
And usually, when it feels this slow… a bigger move is not far away.
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