I don’t like $hype here tbh. Not good RR. 70$ for me is an upside limit for now. Chart isn’t ideal in my opinion. It should see a significant drop from here. Even as a spot holder you should probably tp and get in lower.
Gm to those who are still here. $ASTER is up 50% since the post even when the rest of the market came down significantly with btc itself coming down 10-15%.
I’ve said before that picking the correct coin is the most important thing these days. We aren’t in pre 2022 era when everything would pump. We are now having smaller cycles within a main cycle or rather no main cycle. Most altcoins were at bear market lows even when btc was just 10% from its all time high. So yeah it’s wise to just hold 2-3 decent coins and se when the time is right(which I will post) and then move on to the next.
I posted about fartcoin, pump, ena and now aster at different times this year and they didn’t disappoint. Adapting and accepting is important.
Took $ASTER here at 0.85. Small long plus spot. Multiple reasons. Doesn’t feel like CZ is gonna let this go specially with hype taking a significant market share from Binance.
Also overall the market is more near the bottom than it is near a local top. I think we’ll see a bounce soon in $BTC and altcoins. Don’t know about cycle end and bear markets but the cycles have definitely changed.