$ASTER 【Review】ASTER $0.72 Hovering: Is it waiting for signals, or waiting for a 'pit'?

In the last couple of days, ASTER has been quite 'entangled', oscillating between $0.71 and $0.73 today. Many people have asked me: all the positive news has been released, why hasn't it surged?

My personal opinion, which may not be right but is very genuine:

1. The 'after-effects of airdrop' are nearing the end: The selling pressure from the airdrop that ended on the 15th has mostly been digested by the market in the past few days. You can see that today's turnover rate and decline have clearly narrowed, indicating that the selling pressure has weakened, and what remains are the 'hardcore' holders looking for long-term positions.

2. The latency of the CZ effect: Many people complain that there was no surge after CZ’s live broadcast. Brothers, CZ is about setting the tone for the ecosystem, not about calling trades. He is optimistic about 'profitable L1', which gives ASTER the strongest endorsement. Large funds entering the market need time, and the current sideways movement seems more like big players quietly accumulating.

3. The 'death line' on the technical front: I just looked at the 4-hour chart, and the RSI has already rebounded from the freezing point, showing a clear bottom divergence. As long as it can stabilize above $0.68 these days, this position is a standard 'golden pit'.

In summary:

Currently, ASTER is like the calm before dawn. News about the mainnet in Q1 has not officially been announced yet, and everyone is testing their patience. I still say: those who can hold on during the adjustment deserve the dividends of the main uptrend.

Let's discuss in the comments: Do you think ASTER can return to $1.0 before the year ends?