$NIGHT recent market rhythm has already alerted many players to the dealer's tactics. The key to this operation is—most participants have opened hedge positions, and surviving 5 days makes you a winner.

From the dealer's perspective, the strategy is straightforward: first push the price higher, then design reward mechanisms to induce a low-level trend. Their goal is clear: either force the short positions around 1.1 to liquidate or make retail investors exit at their own expense.

It's worth calculating the costs clearly. The transaction fee ranges from -0.02% to -0.04%. Based on a 1000u position, each trade costs about -0.4u. If you trade 6 times within 5 days, the total fees amount to 2.4u, and the total cost over 5 days is approximately 12u. Rewards will be distributed before 17:00 on January 1, 2026.

Now, let's look at the expected returns. The basic reward for the trading contest is calculated as 1700u*0.09, approximately 150u. But after deducting about 10u in hedge fees, plus 60-100u in wear-and-tear costs during trading, the actual net profit is around 30-50u.

Specific contract configuration suggestions are as follows: for long positions, open a 1x long at 0.09, set stop-loss at 0.085, and take profit at 1.1. For short positions, open a 1x short at 0.105, with a stop-loss at 0.11. The margin call stop-loss is set at 1.8; once triggered, additional margin must be added.