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Update on our Trade on $NIGHT from @MidnightNetwork , The chart is showing price has broken below the green demand zone and is now heading toward $0.05013 which is the next key level marked on the chart.
Here is what to do:
Move your SL on #night down to $0.05280 to lock in some profit. That way if price reverses you don't give it all back.
Watch $0.05013 closely. That is the first major target. If price hits that level and you see a green candle bounce off it, take at least half your position off there.
If $0.05013 breaks with conviction and holds below, let the rest run toward $0.04695 which is the next level marked on the chart.
Do not move your SL back up on $NIGHT . Trail it down as price moves in your favour. The trend is on your side right now but NIGHT can reverse fast as we have seen before.
Key levels to watch:
$0.05013 — first target, consider partial close here $0.04695 — second target if $0.05013 breaks $0.04600 — full close zone
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Cointelegraph
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BlackRock’s staked Ethereum ETF sees $15.5M volume on debut
BlackRock’s staked Ethereum exchange-traded fund has tallied $15.5 million in trading volume on its first trading day, which a market analyst described as “very, very solid” despite falling short of two similar Solana staking products that launched last year.
Nasdaq data shows the iShares Staked Ethereum Trust (ETHB) had 592,804 shares traded on its debut on Thursday, with Bloomberg ETF analyst James Seyffart noting on X that the product turned over around $15.5 million.
“Very, very solid for a day 1 ETF launch,” Seyffart said.
The ETF invests and stakes Ether (ETH), locking up the tokens on the blockchain with the aim of providing a yield. The fund relies on network validators to capture staking rewards, typically offering a yield of 4% annually.
Source: James Seyffart
ETHB’s $15.5 million in debut trading volume trailed similar staking funds tied to the Solana (SOL) token, including the $55.4 million in volume recorded by the Bitwise Solana Staking ETF (BSOL) when it debuted in October. Another similar fund, the REX-Osprey SOL + Staking ETF (SSK), also recorded $33.7 million on its debut in July.
ETHB adds to BlackRock’s crypto product lineup, which includes its two flagship crypto funds, the iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA).
The two ETFs have respectively attracted over $62.8 billion and $11.9 billion worth of inflows since launching in 2024, Farside Investors data shows.
BlackRock is also looking to offer a Bitcoin Premium Income ETF, which would sell covered call options on Bitcoin futures, collecting premiums to generate yield.
ETHB is backed by 80% staked Ether and 20% Ether, according to BlackRock’s website. It launched with $106.7 million in net assets, which is being custodied by Coinbase.
Staking rewards will be distributed on a monthly basis and will be obtained from Ethereum network validators run by Figment, Galaxy Digital and Bitwise-owned Attestant.
ETHB offers a 0.25% sponsor fee with a one-year waiver, reducing the fee to 0.12% on the first $2.5 billion assets under management.
Magazine: What’s a ‘Network State’ and are there real-life examples? Big Questions
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FlushX
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I’m still holding my $BANANAS31 short position 📉😎
Before a big dump, the market often stays calm for a while.
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You can also keep shorting $BANANAS31 & $ARC now, otherwise you might regret it later 🚨📊
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SaeedCryptoVault
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🍌 $BANANAS31 — The recent bounce doesn’t look strong, and selling pressure is starting to build again. 📉 🚨 The market structure suggests a possible dump at any time. ✅ Taking a SHORT on $BANANAS31 from here could be the smarter move.
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Jåckal02
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$BANANAS31 USDT Strong Push, Bulls Testing the Top
BANANAS31 just showed a clean expansion in momentum. Price climbed steadily from the 0.0045 area and quickly pushed toward 0.0060, printing a strong bullish sequence of candles. Moves like this usually happen when buyers step in aggressively and liquidity gets swept on the way up.
Right now the market is sitting close to the recent high around 0.00609, which often becomes a short-term decision zone. Either the price cools off with a small pullback, or buyers gather strength for another breakout attempt.
For now the structure still favors bulls as long as the breakout area continues holding.
Trade Idea (Trend Continuation)
Plan: Long / Buy on pullback
Entry: 0.00585 – 0.00605 Stop Loss: 0.00555
Targets: TP1: 0.00625 TP2: 0.00655 TP3: 0.00695
If the market manages to push above 0.00610 with strong volume, momentum could expand quickly as breakout traders and momentum buyers step in.
Still, after a fast rally like this, patience is key. Let the market retrace into support instead of chasing the green candles disciplined entries usually lead to better trades.
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Rimsha0
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Ανατιμητική
$BANANAS31 short liquidation (~$2.01K) at $0.00574 indicates shorts were squeezed as price pushed higher. This may provide short-term upward momentum, but liquidity-driven moves can reverse quickly. Wait for sustained volume and market structure confirmation before trading. {spot}(BANANAS31USDT) #NVDATopsEarnings #BlockAILayoffs
Price is printing consecutive bullish candles after clearing 0.00540 resistance. Momentum is expanding and buyers remain in control with strong volume support. As long as 0.00530 holds, upside continuation remains likely. Trade $BANANAS31 here 👇 trade now and you are profit 💸🤑💸💸💸