Noon report $ONT ; After this rise, will there be a high position short entry?

Currently, looking at the hourly chart, the rise is without volume, and the on-chain funds are also retail investors entering. If there is subsequent pressure from bears at high positions, it is highly likely that a continuous downtrend will be presented. Should we not short at high positions, but rather go long?

Fuxing suggests: look for suitable points to enter short positions; blindly chasing highs is not advisable. At this time, the cost-effectiveness of going long is definitely not as good as going short.

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