Looking at ONT's recent performance, it surged 17% within 24 hours, which initially seems quite impressive. But the more I look, the more uneasy I feel.

Trading volume has shrunk to only 7.7% of its peak, which says a lot. Both the 1-hour and 4-hour charts are starting to turn downward, and the MACD histogram has also turned negative. The short-term correction pressures are coming one after another, clearly indicating that momentum is waning.

The current position is particularly awkward. Can the price hold steady above the 0.07 level? If not, even without much volume, it wouldn't be surprising to see a pullback to 0.065 or even lower. What's the worst-case scenario? Profit-taking floods out, and the price drops straight back to the starting point.

Of course, on the flip side, if there's enough turnover here and a strong breakout above 0.075, the upside space could open up. But right now, the risk-to-reward ratio is unclear, and there are too many variables.

So my decision is to stay put. Position management comes first; no chasing the rally regardless. Wait for the market to give a clear signal—either it stabilizes around 0.062-0.065, and I consider cautiously entering long; or it decisively breaks 0.075 with volume, and I follow through. At this stage, trading is essentially gambling.

**Conclusion: Wait and see** — after a sharp rise with decreasing volume and weakening momentum, the trend hasn't been confirmed, and the risks are in front of us. Rather than betting on a wrong move, it's better to hold back for now.