ONT recently made a big move—after a period of boring sideways trading at the bottom, it suddenly shot out a violent bullish candlestick, directly breaking through all the consolidation ranges. This wave of rally was extremely fierce, with trading volume exploding as well. The originally quiet trading area instantly became lively, attracting many people with its momentum.

However, as long as you've been in the crypto space for a while, you can see through the tricks involved. This is not a healthy upward trend at all, but a typical pulse-style hype. ONT had been grinding at low levels for so long, with the market showing little vitality and weak buying interest. Suddenly, it was pushed up forcefully by funds, with trading volume skyrocketing. This kind of sudden surge without any preparation is actually a tactic by the market makers to create hotspots and attract attention.

Short-term rapid increases like this in the crypto market are always traps for retail investors. Market makers push the price up with real money just to make trend followers believe that a trend has started. When retail investors rush in to buy in, it often turns into a round of dumping and profit-taking. The crazier the rally, the greater the risk. Most people chasing the high at the end will end up as bagholders at the top. The same old story with ONT: the more lively the market looks, the more cautious you should be.