Recently observing NIGHT's trend, there are quite a few bearish voices in the market, but I have a slightly different view. From a technical perspective, it is clearly bullish, and the market logic is very clear. When new coins are launched, the margin requirements are generally higher, which often means that big players are less likely to dump the market easily—they usually profit by repeatedly triggering short positions to harvest gains. Based on this judgment, I suggest everyone consider entering with a small position on long trades, but be sure to set strict take-profit levels. Because these types of coins can be suddenly pumped, unexpectedly triggering short liquidations, proper risk management is the key to long-term success.