$NIGHT and $IR are collapsing hard again — and I’ve been tracking this breakdown closely.

NIGHT just lost its parabolic structure and is sliding back below key moving averages.

IR is in free fall after a blow-off top—lower lows, weak bounces, and sellers still fully in control.

NIGHT already flushed back toward the prior base. If selling pressure stays heavy, the next reaction area sits around 0.068–0.062.

IR hasn’t found real demand yet either—continued weakness opens the door toward 0.115–0.105 before buyers might step in.

Momentum flipped hard to the downside.

No catching knives here—just letting price show its hand.

I’m staying reactive, respecting the trend, and waiting for clean confirmation before doing anything aggressive.