Midnight City has been quite unsettled recently. I slipped into the central trading hub wearing the ZK invisibility cloak and found that it was still a city that never sleeps, with a daily cash flow of 590 million dollars.
As the pass to this city, $NIGHT once surged to a peak of 0.12 during the carnival on March 13, but has now retreated to the corner of 0.0435, losing one-tenth of its vigor over the past week. The entire city currently has a volume of 723 million and is squeezed into the 66th seat among major cyber gangs. There are 1.661 billion chips circulating in the market, with some locked away in the dark, totaling 2.4 billion.
Crouching in the basement at 0.043, I feel that the current support foundation is still relatively solid. As long as the crypto cold wind passes and some positive news about new infrastructure is released in the city, returning above 0.05 is not a pipe dream.
However, in this chaotic era of intense confrontation between privacy and regulation, no one can predict whether there will be a major reshuffle tomorrow. Brothers, this dim alley has its temptations, but bullets must be saved; don’t let your mind run hot and go all in. Keep a close eye on any signs of change; investing carries risks, and living long is the true victory.