#比特币与黄金战争 $NIGHT has experienced a 35% decline. Is it time to consider bottom fishing now?
Last night around 7 PM, the market saw an influx of approximately 200 million sell orders. Interestingly, the price did not drop significantly. Based on data estimates, another wave of 34.85 million sell pressure is expected to be released tonight at 7 PM, equivalent to about 20 million USDT in sell orders.
Historically, this price level is a key point. Based on the observation of the sell pressure rhythm, some traders have already been advised to position themselves with short strategies—this kind of low-buy, high-sell game has relatively high quality. No clear take-profit targets have been set for now; let the market speak for itself.
Honestly, given the project's market cap, a significant decline is usually just a matter of time. When a large amount of chips are unlocked, gravity will always take effect. The current position is actually a good window for short sellers.
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#比特币与黄金战争 $NIGHT has experienced a 35% decline. Is it time to consider bottom fishing now?
Last night around 7 PM, the market saw an influx of approximately 200 million sell orders. Interestingly, the price did not drop significantly. Based on data estimates, another wave of 34.85 million sell pressure is expected to be released tonight at 7 PM, equivalent to about 20 million USDT in sell orders.
Historically, this price level is a key point. Based on the observation of the sell pressure rhythm, some traders have already been advised to position themselves with short strategies—this kind of low-buy, high-sell game has relatively high quality. No clear take-profit targets have been set for now; let the market speak for itself.
Honestly, given the project's market cap, a significant decline is usually just a matter of time. When a large amount of chips are unlocked, gravity will always take effect. The current position is actually a good window for short sellers.