【Counterattack】ASTER has started the bullish mode! Are those who were bearish feeling the pain?
I said it before, ASTER at 0.5x or 0.6x can't be held, and the current rebound is just the beginning!
Looking at today's red candles, I just want to say three truths:
1. The "hell script" has shattered: The chart that went viral on Twitter a couple of days ago predicting a drop to 0.25 (the one I complained about before) now looks like a bait for big players to acquire chips. The blood-soaked chips obtained through panic ended up fueling this rise. Always remember: in the crypto world, when everyone thinks it's going to zero, it's often the turning point.
2. Fundamentals are starting to "cash out": This rise is not a random spike. Look at the data: the official repurchase and destruction efforts have clearly intensified, and the feedback from Q1 Aster Chain (L1 public chain) testnet is very smooth. CZ previously said in a live stream that he is optimistic about practical L1s; capital flows don't lie, and smart money has already started to position itself ahead of the public chain launch.
3. As long as the shorts don't die, the upward trend won't stop: This rise has triggered a lot of short positions. The current 0.6x is just reclaiming lost ground; once it stabilizes above 0.7, the upper space will be completely opened up. For those holding spot positions, the only advice now is two words: Hold on!
Personal thoughts:
If you weren't scared away at 0.57, then the current gains are the medal you deserve. Don't rush to exit when it's just getting started; the real climax of ASTER will definitely be at the moment the mainnet officially launches.
How are those who cut losses below 0.6 feeling now? Share in the comments, how many dollars do you think it can reach this time?
#ASTER #BinanceSquare #PositiveNewsRealization #PublicChainNarrative #DeFiCounterattack
