$NIGHT is stuck in a weekly dilemma. Over the past 7 days, it has fallen more than 15%, and the underlying pressure comes from two aspects: first, a clear technical breakdown; second, recent token unlock plans releasing a large amount of liquidity. As a large number of tokens flow into the market, selling pressure has significantly increased, and holders' willingness to exit is also rising. This dual impact of fundamental and technical factors often creates strong short-term downward momentum. Paying attention to the progress of subsequent unlocks and the timing of market sentiment recovery may be important indicators to watch.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
Degen4Breakfastvip
· 2h ago
Another round of unlocking and dumping drama, NIGHT is really in trouble this time --- Breakdown + unlocking double kill, this combo punch really can't hold up --- Wait, are all the holders running away? Then who will take the order? Haha --- To put it simply, it still depends on when the unlocking ends. Entering now is like a casino --- 15% isn't a big deal, the real issue is when this selling pressure can be alleviated
View OriginalReply0
ClassicDumpstervip
· 01-09 21:28
Same old trick, unlocking and smashing the market. This wave of NIGHT probably needs to drop another wave to stabilize.
View OriginalReply0
PensionDestroyervip
· 01-09 21:25
It's another unlock and dump. I'm already tired of this routine.
View OriginalReply0
ImpermanentTherapistvip
· 01-09 21:24
Once again, they unlock and dump the market. This tactic is so familiar; they are all just taking in the bagholders.
View OriginalReply0
just_here_for_vibesvip
· 01-09 21:23
It's another unlock and dump, always the same way, so annoying.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)