2025-12-27 07:20:26

NIGHT's recent technical performance has been quite evident—holding volume has been continuously shrinking, which is no longer just a shakeout behavior but a sign of genuine fund exit. The signs of large investors withdrawing chips are very clear, while retail investors are bottom-fishing and taking positions, ultimately becoming the targets of sell-offs, with active selling never ceasing.

From the technical indicators, the daily and 4-hour timeframes are already locked in a bearish arrangement, and short-term moving averages are unable to hold. The MACD below the zero line shows no signs of narrowing the green bars, and the rebound trend is hardly visible.

According to the current pattern, around 0.081 can be used as an entry point for short positions, with a stop-loss set above 0.084 for safety, which can help avoid false breakouts. Regarding targets, initially focus on the 0.077 level; if it breaks below, then look towards 0.073. This combination of volume-less decline and obvious distribution makes rebounds unlikely. Following the trend for operations will be more reliable.

NIGHT1,05%

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GasFeeCrier

· 14h ago

It's the old trick of big players cutting retail investors again. I don't understand why some people are still buying the dip this time. The people chasing the short are really brave; I wouldn't dare to bet on a rebound. Entering short at 0.081? That's too risky. Wait for it to drop further. This wave is truly a massive decline with no volume, indicating there's no one left to catch the falling knife. Retail investors are always the last to act. I feel for them.

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fomo_fighter

· 14h ago

It's the same old trick again. Big players dump on retail investors and then run away. How sad.

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AirdropNinja

· 14h ago

It's the same old routine of cutting leeks; retail investors really need to learn their lesson. Big players run away, retail investors take the fall—this script is played out every day. Short at 0.081? I find it suspicious; fake breakouts are hard to defend against. This time, someone will get hammered again, sigh. Shrinking open interest is a death signal; there's nothing more to say. Following the crowd leads to quicker death; better to wait and see first.

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WealthCoffee

· 14h ago

Retail investors are again buying at the low, this time it really looks like they're going to get hurt badly. Big players have already exited, and we're still here bottom-fishing... speechless. Short at 0.081? I'll observe first; it's easy to get caught in a trap in this kind of situation. The shrinking position volume is a strong signal; a wave of exits is coming. Don't make reckless moves without signs of a rebound; wait until the signals are clear. If MACD continues like this... it seems we still need to test the bottom. I don't think this is just a shakeout; they're really dumping. Following the trend downward in this kind of market is the biggest trap for retail investors, everyone be careful.

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