$ASTER / Astar
Here are the levels determining the next move.
Price is repeatedly rejecting the local overhead at $0.97, even despite today's market-wide rally. It is failing to bid in a bullish environment. That is a massive tell for me.
$0.97 - $1.00 are the pivots which Bulls need to reclaim this zone to turn the structure neutral.
For a potential trend reversal, $1.10 is the line in the sand. Only a close above this 'Trend Recapture' zone turns the chart technically bullish.
Until those levels break, the dominant trend is down and my short stays open.
$0.92 is the local floor in this current downtrend. If bulls lose this, there is a decent probability of a flush to ~$0.85. There is a huge density of long liquidations sitting there, and the market loves to hunt that liquidity in downtrends.
Don't take the analysis personally if you're a holder. I just play the levels the chart gives me.
Whether it pumps or dumps, the goal is to make money.
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As per DefiLlama's data, in the last 30 days, holders earned the most from: $HYPE ($84.25M), $PUMP ($32.72M), $TRON ($29.53M), and $JUP ($12.02M).
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You get paid to LONG $ASTER right now
This means, people are selling aster without actually owning it
The reason they don’t own it is because no real aster holder will want to hedge their position against the upcoming airdrop at 0.93 cent lmao
They will just wait a couple months and sell for 10$ after L1 + staking.
$ASTER collapsed as expected
-10% ✅
I know it doesn't please the bulls, but you can't bet against the overall trend.
When Bitcoin crashes, the rest usually follows.
World Liberty Financial @worldlibertyfi and
Aster DEX @Aster_DEX and have announced a strategic partnership to supercharge adoption of the USD1 stablecoin.
By integrating USD1 deeper into Aster's perpetual trading platform, this collab aims to boost liquidity, enhance on-chain trading incentives, and expand stablecoin utility in decentralized derivatives.
Announced in Dubai during Binance Blockchain Week, a massive step for StableFi and real-world DeFi growth.
What do you think this means for $USD1, $WLFI and $ASTER?
#WLFI #Aster #USD1
📊 Daily Technical Analysis of $ASTER (December 5):
There has been a widespread decline across the market today, which has brought $ASTER back to the psychological zone of $1.00, a level it is currently struggling to maintain.
Needless to say, it would be beneficial not to lose it, as it could then fall even further in search of a retest of the downtrend line.
Now the first target is to stay above $1.00. Then, if the rest of the market allows it, it should go in search of a trend change by trying to break above $1.086.
📤 Share by reposting. Thanks in advance.
You can now calculate your Stage 4 airdrop: https://t.co/nB1I3bpPw8
#ASTER #AsterDex #CryptoMarket #ALTSEASON #BullRun
$ASTER is being suppressed right now and 1000$ in 8 years is backed by mathematics, real numbers
- Monthly buyback in bear market: minimum of 50 mill usd a month.
- @ 0.94 cents aster this means 0.7% of the supply is bought back monthly, even more if users grow or price DECREASES
- From this buyback: 50% burned , 50% to airdrop wallet
- Annual burn in a bear market if aster price stays at 0.94 : ~4.2% of total supply
BUT
Airdrops are being halved each Aster season and the percentages CAN be adjusted based on feedback anytime they want.
Consider they suddenly change the ratio to 80% burn or 20% to airdrop or buybacks to a fixed 95% instead of current 60-90
Aster teams knows this as well, so they will want to buyback and supply control even more aster at these low prices, only keeping the real users + believers to form the base.
What do you think happens? You get sidelined instantly
Still inflationary for now, so might explain the price action but flips deflationary once revenue > emissions and I believe this moment is coming very soon.
Just keep stacking. Be very grateful for sub dollar $ASTER
$ASTER / Aster
Here are the levels I'm watching closely.
Until $1 and $1.10 are recaptured, bears are mostly in control.
Losing local support would be problematic.
"If you could go back 8 years, how much $BNB would you buy?"
The answer is obvious.
@Leonard_Aster confirms what Binance Labs saw early: The market structure for $Aster today mirrors the early days of Binance perfectly.
We aren't just building a product. We are walking the same path to become the next giant.
The opportunity is right in front of you. Don't blink.