NIGHT fell nearly 10%, 0.0486. Falling harder than the market indicates that funds are withdrawing from small coins.
However, from another perspective, when fear index was at 16, most of the selling was panic selling, and the real chips are actually concentrating in the hands of a few.
If it can hold around 0.049, once the market stabilizes and rebounds, the momentum may not be small. But now is not the time to bottom fish, wait for signals.