JMNT(i)
25 Yet during the fourth watch period of the night (about three o'clock in the morning), He came toward (or: to) them – continuing in walking upon the lake (or: sea).
26 But the disciples, upon seeing Him progressively walking about – upon the lake (sea), were at once shaken and troubled, one after another saying, "It's a ghost (or: a phantom; or: an apparition; or: the effect of something being made visible)!" – then they cried out from fear.