#ETH走势分析 $ASTER The recent price action is indeed interesting. Every time it drops to the 0.9 level, there's an immediate rebound. This time, there's fundamental support behind it—the project team has increased the buyback plan from $3 million to $4 million per day.
This means a monthly buyback budget of $120 million, while ASTER's current market cap is only $2.2 billion. That number does look impressive. However, the market is also discussing the pressure from another angle: next week, 100 million tokens will be released as an airdrop, and the potential for a sell-off of this scale cannot be underestimated.
Some analysts believe the project team might pump the price before the airdrop selling pressure truly hits, then sell off and crash the price. If this logic holds, then the 0.91 support level is worth betting on. Aggressive traders could also consider building positions at the current price in batches, betting on a rally before the airdrop. The specific trading details still need to be adjusted based on real-time price action.
$BTC $SOL 's performance may also influence the overall sector's momentum.
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SudoRm-RfWallet/
· 12-09 12:18
This logic is a bit hard to sustain. Buybacks pump the price, airdrops dump it—are the project team really being this blatant? Feels like someone is just looking for an excuse to buy the dip.
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liquidation_watcher
· 12-08 13:28
Buybacks sound good, but can it really withstand the impact of 100 million airdropped tokens?
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ImpermanentSage
· 12-08 13:25
The buyback effort is indeed strong, but 100 million tokens for an airdrop? That would take some serious selling pressure to absorb.
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rekt_but_not_broke
· 12-08 13:12
I'm so used to the buyback and price-pumping tricks; I'm just worried that once the airdrop hits, it'll crash right back to where it started.
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NFT_Therapy
· 12-08 13:10
The buyback is strong, but we need to be cautious about airdrop dumping.
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CryptoPhoenix
· 12-08 13:06
A monthly buyback budget of 120 million sounds appealing, but that hurdle of 100 million tokens airdropped... Can we really feel secure getting in early, or is it going to be the same old pump and dump routine again?
#ETH走势分析 $ASTER The recent price action is indeed interesting. Every time it drops to the 0.9 level, there's an immediate rebound. This time, there's fundamental support behind it—the project team has increased the buyback plan from $3 million to $4 million per day.
This means a monthly buyback budget of $120 million, while ASTER's current market cap is only $2.2 billion. That number does look impressive. However, the market is also discussing the pressure from another angle: next week, 100 million tokens will be released as an airdrop, and the potential for a sell-off of this scale cannot be underestimated.
Some analysts believe the project team might pump the price before the airdrop selling pressure truly hits, then sell off and crash the price. If this logic holds, then the 0.91 support level is worth betting on. Aggressive traders could also consider building positions at the current price in batches, betting on a rally before the airdrop. The specific trading details still need to be adjusted based on real-time price action.
$BTC $SOL 's performance may also influence the overall sector's momentum.