Recently, NOT ($NOT ) started a wild rally in the cryptocurrency market. In just one week, its price surged by 205%, from $0.007 to $0.016. This performance has attracted the attention of many investors, and it also makes people ask: Is now a good time to enter the market?

NOT's astonishing rise shows the market's high enthusiasm for it. The reason behind this is not just speculation, but more likely recognition of its future potential. In terms of technical indicators, although the RSI shows a certain overbought status, this does not mean that the upward momentum has been exhausted. Bollinger Bands also indicate that prices are close to the upper band, which is often interpreted as a sign that the market still has room to rise.

In the market, it seems that although some large investors have taken profits recently, this also provides new entry opportunities. When large investors sell, the price may correct in the short term, which is a good time for small investors to enter the market.

For those who are considering whether to invest in NOT, I think now is a time to pay attention. The current NOT high trading volume and market enthusiasm show strong buying momentum, and although technical indicators suggest a possible pullback in the short term, this is an opportunity to buy on dips.

Although I am personally bullish in the long term, for conservative investors, if they want to sleep peacefully... avoid investing too much money at one time and entering the market in batches can effectively reduce risks. Set a stop-loss point to protect your capital from significant losses in the event of large market fluctuations.

But there are of course certain risks behind high profits. Although NOT is currently showing strong upward momentum, market risks still exist. The high volatility of the cryptocurrency market means that significant price corrections can occur at any time. In addition, the profit-taking behavior of large investors may lead to increased price pressure in the short term, which will also test the risk control capabilities of investors holding NOT.

The above thoughts and ideas are all spot goods, I don’t touch contracts at the moment XD