#数字资产生态回暖 I took a look at $NIGHT's recent trend. After bouncing up from the low of 0.04705, it’s now at 0.06916. However, the upward momentum seems to be weakening—stuck below the previous high of 0.07169 and unable to break through. The 4-hour candlestick chart clearly shows signs of resistance to further rise, with the price approaching the upper band of the Bollinger Bands. The key issue is that volume isn't keeping up; despite increased volume, the price is stalling, which is a bit awkward.

In simple terms, the bulls have almost exhausted their momentum in this wave. Now, the selling pressure above is gradually building up, and the short-term technical correction is quite likely.

From the perspective of resistance and support, the 0.0700 to 0.0720 zone is currently the clearest strong resistance band. Below that, the real critical line is between 0.0560 and 0.0580—this is where the middle Bollinger Band is located and also the first consolidation platform during the previous rally. If this level is broken, the price could fall to the 0.0500 to 0.0520 range.

In terms of trading strategy, I plan to short on rallies around 0.0685 to 0.0705, with a stop loss above 0.0730, targeting 0.0600 to 0.0620. If the price directly breaks below 0.0580, I will decisively add to short positions, aiming for a drop below 0.0520.