NIGHT consolidation phase, actually involved in filtering
From the market structure perspective, NIGHT currently leans more towards low-volatility sideways movement rather than a trending market. Trading volume is not extreme, and prices neither rapidly surge nor drop sharply, indicating that the market's expectations for it are relatively rational. Sideways movement is often misunderstood as "no hope," but many effective trends actually start from this stage.
Technically, continuous shrinking volume without breaking key support suggests selling pressure is weakening, and chips are gradually stabilizing. For short-term traders, this kind of market may seem boring; but for medium-term observers, it is a crucial stage to judge whether the project has resilience. The real warning signs are not about prices not rising, but about volume increasing while prices fail to move downward.
Only when volume and price move together will NIGHT truly choose a direction.
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#发帖赢代币NIGHT
NIGHT consolidation phase, actually involved in filtering
From the market structure perspective, NIGHT currently leans more towards low-volatility sideways movement rather than a trending market. Trading volume is not extreme, and prices neither rapidly surge nor drop sharply, indicating that the market's expectations for it are relatively rational. Sideways movement is often misunderstood as "no hope," but many effective trends actually start from this stage.
Technically, continuous shrinking volume without breaking key support suggests selling pressure is weakening, and chips are gradually stabilizing. For short-term traders, this kind of market may seem boring; but for medium-term observers, it is a crucial stage to judge whether the project has resilience. The real warning signs are not about prices not rising, but about volume increasing while prices fail to move downward.
Only when volume and price move together will NIGHT truly choose a direction.