$NIGHT suddenly surged 🔥, I have searched and organized the following reasons:
- NIGHT has pumped over 200% in the past 24 hours, trading volume reached $348 million, and new wallets increased by 11,000, with 67% of new holders locking in, community sentiment is 70% bullish.
- After the airdrop, the price stabilized and rebounded, and more exchanges (such as those in the US and Japan) will be listed within 60 days, confirmed as positive by Charles Hoskinson during a live broadcast.
- DeFi expert strategy: provide liquidity to earn 8% APY, borrowing NIGHT earns a 2% reward; Cardano ecosystem is active, with liquidity exceeding $8.4 million, and long positions at $65,600.
- The price has retraced to the 0.236 Fibonacci level, entering an accumulation zone, and buyers have returned to form a reversal signal.
- Overall sentiment is 85% positive, with bullish factors including community FOMO, exchange expansion, and DeFi integration.
- Buying judgment: worth following, the upward trend is strong combined with multiple catalysts supporting the rebound, but be cautious of airdrop selling pressure and whale concentration risk, recommended to enter with a small position while waiting for 0.055 support confirmation.
