The NIGHT coin has been quite interesting lately — with high market capitalization, it can still pump, and the rewards pool has already reached 170u. There are only 3 days left in the trading competition, which will close on the 25th.

Let's clarify the rules first. This competition covers 20,000 people, with a total of 1,700 coins in rewards. The core variable is where the final coin price lands. Roughly calculating the total reward volume at several key price points: if it reaches 0.14, that would be 238u multiplied by 20,000, and the overall prize pool could surge to 4.76 million; if it drops to the 0.12 level, that's 204u multiplied by 20,000, resulting in a volume of 4.08 million; now at the 0.10 level, it corresponds to 170u multiplied by 20,000, exactly 3.4 million; further down at the 0.08 level is 2.72 million, and at the 0.06 level, the most reasonable scenario is 2.04 million.

How to view from a trading perspective? If bullish, enter at 0.11 with 1x leverage, set a stop loss at 0.09, and a target take profit at 0.14; conversely, if bearish, enter at 0.14, with 1x leverage, and a stop loss at 0.15.

To be honest, with a current market capitalization of 1.7 billion for NIGHT, it needs to rise about 40% to reach 0.14, which requires an increase of 700 million. It feels like tonight might be the last wave of highs, and there is a high probability of a pullback tomorrow morning.