$ORDI High-Leverage Chopper: 666 long positions with a floating profit of 310,000 yuan, 364 short positions holding 1.44 million yuan—who blinks first loses

$ORDI ORDI currently at 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 standoff.
$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 this data: although the number of shorts is small, their position size is nearly twice that of the longs. Many shorts initially entered heavily in the 3 to 4 USD range during the early rise, currently deeply trapped but not yet triggered for liquidation. Once the price breaks above the dense liquidation zone at 5.2 USD, 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 both cycles has surged above 90 into the extreme overbought zone, and the funding rate remains negative. The signal of volume reduction and price rally is faintly visible. If the shorts manage to hold on 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 held by 364 shorts hang in the air—they are both the noose for the shorts and a trap for the longs chasing the high. Whoever blinks first, whoever is out.