On the ON contract, I’m leaning toward waiting for follow-through confirmation. Specifically, as long as selling pressure doesn’t build from here, it’s still worth discussing. At the 5-minute close at 19:00 Beijing time on 2026-10-16, the change was -3.83%. At 19:00:02 Beijing time on 2026-10-16, the current price was 0.1273, 24-hour turnover was 3.9906 million, price was above VWAP at 0.123305, and volume was 3.2x.

Can it hold VWAP at 0.123305 on a pullback, and will volume quickly contract after expanding to 3.2x? I’ll wait for confirmation rather than jump in on the first move.

#ON #UnusualMovementAlert