The liquidity structure of $NIGHT warrants caution. Carefully examine the market chart, and there are issues with this project's pump logic— the pool only has a total of 1 million tokens, but each time a rally is initiated, about 50% of the liquidity needs to be extracted to push the price up. What does this indicate? It shows that the market depth is severely lacking. Comparing it to the neighboring project with 200 million tokens, retail investors are squeezed into dozens or even hundreds of points, and tens of thousands of users have suffered this loss, while the main players themselves have rarely taken on the position. This is a typical sign of manipulation.

Regarding the subsequent risks of $NIGHT: if the rally is launched as scheduled tonight, it is very likely to follow this script— smashing 30 million tokens into the secondary market, and the big players will probably follow suit and flee, triggering a waterfall sell-off. Conversely, if no waterfall occurs, then be even more cautious, as it indicates the big players are accumulating, and the attack will be more aggressive. From a technical perspective, key support levels are at 0.65 and 0.6. These two price points are critical in the short term; breaking below them would be very dangerous.