Brothers, $ONT suddenly resurrected today, resulting in a large group collectively shouting for a short. This operation is indeed interesting.

From the K-line, the 4-hour level shows a clear decrease in volume and stagnation, with a long upper shadow directly following a spike. The bullish momentum is severely insufficient. The previous spike was not picked up by anyone, and the funding rate isn't significant; the bulls will soon take profits and exit.

Now, at this position of 0.0666, it has stopped rising, which seems to be a provocation in plain sight — the market maker is clearly enticing more buying at high levels, which might be crushed back to the initial rising point at any moment. Looking deeper, old coins like ONT and NEO have been flat for eight years, with trading volume long dried up, and theoretically, they should have been cleared by the exchanges long ago.

But they have been steadily lying on Binance, and surviving itself has become the biggest narrative. The chips have been cleaned out thoroughly, and after lying at the bottom for so long, once funds come in to tell a story, retail investors' FOMO will surge, and the trading volume will rise.

This wave of "resurrection" is a typical bait for more buying before selling off. No matter how old the story is, the valuation is still there; the signals of stagnation at high levels + long upper shadows are already very clear. Now is the best window for shorting; aggressive brothers can place market orders for short positions and follow the main force to harvest the meat of this emotional tide receding.

For those still hesitating, quickly see clearly: this wave of ONT is not about turning around, but rather the market maker giving red envelopes at high levels. Those who dare to short will profit, while those who continue to chase high prices will most likely remain as leeks.