Looking at Aster's price action, it has already fallen back to the 0.9-something level—if I remember correctly, a certain big holder built their position around this price before.
There's an interesting pattern in the market: the more frequently a "support level" or "key point" is mentioned, the more likely it is to be breached. The lines everyone is watching always end up becoming the defenses waiting to be broken.
As for the buyback plan initiated by the project team, if it hasn't made much of a splash, what does that indicate? Either the tokens held by retail investors are too scattered for the buyback volume to support the price, or it'll just take a longer time to slowly accumulate. In any case, expecting the buyback to push up the price in the short term is a bit unrealistic.
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consensus_whisperer
· 12h ago
0.9 is really a cursed level, all the whales are lying in wait here.
The more a support level is hyped up, the easier it is to break. This logic has already been beaten down by the market over and over again.
No news on buybacks? The chips in retail investors’ hands have already been shaken out. This little volume really can’t save the day.
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DegenDreamer
· 12h ago
At the 0.9 price level, the big players have already been lying in wait here, and now more and more retail investors are stepping in as bagholders.
To be honest, everyone can see these support lines, but in the end, they always get smashed through.
As for the buyback plan, I think it's mostly about slowly accumulating. The coins in the hands of retail investors are too fragmented; it’s simply not possible to move the market.
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tx_or_didn't_happen
· 12h ago
This support level will break sooner or later. It’s been discussed to death, and you still want to hold it?
Looking at Aster's price action, it has already fallen back to the 0.9-something level—if I remember correctly, a certain big holder built their position around this price before.
There's an interesting pattern in the market: the more frequently a "support level" or "key point" is mentioned, the more likely it is to be breached. The lines everyone is watching always end up becoming the defenses waiting to be broken.
As for the buyback plan initiated by the project team, if it hasn't made much of a splash, what does that indicate? Either the tokens held by retail investors are too scattered for the buyback volume to support the price, or it'll just take a longer time to slowly accumulate. In any case, expecting the buyback to push up the price in the short term is a bit unrealistic.