Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

$ASTER — It’s really not wise to blindly chase this pump right now. Market makers are stacking heavy short positions and even adding more on lower time frames. This move looks more like a calculated swing-play to extract profits, taking advantage of a volatile rebound and targeting bearish traders who recently unlocked positions.



Has the trend actually reversed? Absolutely not. Retail longs and large market-maker shorts are still clashing, and nothing about the broader structure has changed.

That said, this uptick does offer a decent short-entry setup. The 1.4 level can act as a shallow stop-loss zone. If 1.4 is convincingly broken, price could push toward 1.5–1.55, where we can re-evaluate whether to continue shorting based on momentum. Despite the steady flow of positive announcements, the larger downtrend remains clearly intact.
ASTER-6.63%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)