Calmly watch the order book—at the $ON level, the high-odds structure is actually worth being cautious about. On the four-hour timeframe, short-side momentum is dominant: price keeps getting suppressed along the lower edge of the range, and each rebound is weaker than the last—this is a typical sign of a weak consolidation. The daily chart leans slightly bullish, but the short-term volume can’t keep up, which suggests the bulls at this level don’t have the conviction to step in and take the bid.

I lean toward shorting in line with the four-hour trend. As long as the key level isn’t broken, there’s still room to the downside. The risk-reward ratio is clear enough; the rest is for the market to confirm.

🔴 Trade direction: Short
📍 Entry range: 0.2457509 – 0.2474515
🛑 Stop loss: 0.2661154
🎯 Take profit 1: 0.2319655
🎯 Take profit 2: 0.2222084
🎯 Take profit 3: 0.2075727

Don’t chase the hype—hype will always stay for a while.
Side by side with Li Jie, so that every inch of time echoes back.

#ON

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