ORDI price reached $37.541 per coin, up 3.50 per cent during the day

Ordinals market news of the day, ORDI latest price: $37.541, up 1.64% in 24 hours, trading volume $111 million 
By studying the k-chart, it is now in an oscillating trend. It is more sharply up compared to 12:00 and down from 05:00. A rise in price but a fall in trading volume usually indicates a weakening of upward momentum in the market and a reduction in the number of buyers.
The rise in prices may be due to a lack of selling and is considered a ‘no volume rise’. In this case, prices may retrace or move sideways in the future. Because of the lack of volume, the price rise may be unsustainable, and there is a risk that the price will fall back from the high level.
Investors should pay attention to whether the trading volume can keep up with the price rise and whether there is new buying intervention. Overbought condition, trading volume decreases and price rises. According to the Williams indicator, it is now overbought. Trading volume has decreased recently, trading volume is lower than in the previous hours, price is rising, trading volume is decreasing: upward momentum is weakening.

The market's upward momentum is weakening, so it is recommended to wait and see until the market direction is clear before making a decision.
The above is for reference only and does not constitute investment advice.