A personal observation: $NIGHT hit a new 24-hour low at 0.04325. The previous low was 0.04397.
Whenever it hits a new low, people on the feed start calling the bottom. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to get back above the previous low before reassessing—I’m not going to try to call the bottom.
What’s your take on this?
Whenever it hits a new low, people on the feed start calling the bottom. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to get back above the previous low before reassessing—I’m not going to try to call the bottom.
What’s your take on this?
