2026-01-01 19:23:15

Some time ago, I opened a short position on NIGHT at 0.051 and held it until the 2 billion reward event at a major exchange ended. During this period, the price hovered around 0.078, showing quite strong resilience. Ultimately, I decided to cut my losses and exited with a loss of 300 dollars. However, this price level gave me confidence, and I turned around to go long, gradually buying over 1,000 spot coins. Plus, with the rewards from the platform's financial management activities, I not only recovered my previous losses but also made an extra 200 dollars.

In the past couple of days, the obvious decline at 8:30 in the morning was actually due to concentrated selling pressure after completing the previous pledge financial activities. Institutions and large investors cashed out their profits, causing short-term liquidity pressure.

From a longer time frame, the trend of NIGHT remains optimistic. The 0.078 level has already formed a clear support, and I will continue to look for opportunities to add positions. As long as the fundamentals are sound, the opportunities to accumulate at low levels often won't slip away in vain.

NIGHT-1.43%

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MEVEye

· 5h ago

Short positions lost, but switching to long positions actually made a profit. This kind of reverse operation is indeed a bit impressive, but NIGHT is really holding steady at 0.078.

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BasementAlchemist

· 5h ago

This move is really slick. Short positions lose, then switch to long, it's truly the way of the loser becoming the winner.

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BlockBargainHunter

· 5h ago

Decisive stop-loss, that's good. But I still think that the support at 0.078 is limited; it depends on whether genuine buying interest comes in later.

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FlashLoanLord

· 5h ago

Stop loss at 300, profit of 200. This wave's loss turned into a gain, truly remarkable. I also believe in this support level.

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