$ASTER — It’s really not wise to blindly chase this pump right now. Market makers are stacking heavy short positions and even adding more on lower time frames. This move looks more like a calculated swing-play to extract profits, taking advantage of a volatile rebound and targeting bearish traders who recently unlocked positions.
Has the trend actually reversed? Absolutely not. Retail longs and large market-maker shorts are still clashing, and nothing about the broader structure has changed.
That said, this uptick does offer a decent short-entry setup. The 1.4 level can act as a shallow stop-loss zone. If 1.4 is convincingly broken, price could push toward 1.5–1.55, where we can re-evaluate whether to continue shorting based on momentum. Despite the steady flow of positive announcements, the larger downtrend remains clearly intact.
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$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.