$NIGHT is currently quoted at 0.07099, with the market caught in low-volatility choppy consolidation.
【Technical Scan】The recent 15-minute candles show some interesting action——the average volatility of 10 candles is only 0.64%, with occasional touches of 1.05% counting as major moves, and trading volume is lackluster. However, the key signal has emerged: 3 consecutive bearish candles. This pattern in sluggish market conditions typically suggests sellers are getting exhausted, short-selling pressure is reaching exhaustion, and conditions for a rebound are brewing.
【Trading Strategy】Since consecutive declines may have already released some pressure, the probability of a short-term rebound deserves attention.
Bullish Direction: You can make a light long entry in the 0.0705 to 0.0710 range, with stop-loss set below 0.0695. If the rebound progresses smoothly, the previous small high at 0.0720 becomes the first target.
Bearish Direction: Conversely, if the 0.0710 resistance fails to hold and price breaks below 0.0700 on volume expansion, then the short-term trend weakens. At this point, you can follow up with a small stop-loss short position, targeting 0.0690.
【Important Reminder】The overall market volatility is on the low side with limited movement capacity, so avoid heavy position sizing. Timely stop-loss is the key, with opportunities mainly concentrated at the oversold rebound inflection point.
低波震盪就這樣,又要選邊站隊了,有點煩啊
(If you need this in simplified Chinese instead, here's the original text unchanged as it's already in simplified Chinese:
低波震荡就这样,又要选边站队了,有点烦啊)
For Japanese (ja-JP):
低ボラティリティ・レンジ相場はこんな感じで、また選択を迫られるのか、ちょっとうんざりだな
$NIGHT is currently quoted at 0.07099, with the market caught in low-volatility choppy consolidation.
【Technical Scan】The recent 15-minute candles show some interesting action——the average volatility of 10 candles is only 0.64%, with occasional touches of 1.05% counting as major moves, and trading volume is lackluster. However, the key signal has emerged: 3 consecutive bearish candles. This pattern in sluggish market conditions typically suggests sellers are getting exhausted, short-selling pressure is reaching exhaustion, and conditions for a rebound are brewing.
【Trading Strategy】Since consecutive declines may have already released some pressure, the probability of a short-term rebound deserves attention.
Bullish Direction: You can make a light long entry in the 0.0705 to 0.0710 range, with stop-loss set below 0.0695. If the rebound progresses smoothly, the previous small high at 0.0720 becomes the first target.
Bearish Direction: Conversely, if the 0.0710 resistance fails to hold and price breaks below 0.0700 on volume expansion, then the short-term trend weakens. At this point, you can follow up with a small stop-loss short position, targeting 0.0690.
【Important Reminder】The overall market volatility is on the low side with limited movement capacity, so avoid heavy position sizing. Timely stop-loss is the key, with opportunities mainly concentrated at the oversold rebound inflection point.