Lately, a lot of folks have been keeping an eye on HYPE and ASTER.
What I want to say is, the top dog is still the top dog effect. Even though HYPE has broken its all-time high, it hasn't managed to push ASTER into an independent trend. It had a quick surge, but the selling pressure above ASTER is still way too strong. The consensus is clearly much weaker compared to HYPE. After all, HYPE has real big whale trading, while ASTER mostly relies on CZ's endorsement and retail support from Binance.
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In terms of risk-reward, ASTER looks relatively better right now, with a market cap of 1.8 billion compared to HYPE's 13.8 billion. Doubling down, we can focus on ASTER first. Whales might want to accumulate HYPE in batches at 40-45, especially since institutions like a16z and Goldman Sachs have stepped in; their tech and strength are definitely recognized by the market. #hype #aster #Lıt
What I want to say is, the top dog is still the top dog effect. Even though HYPE has broken its all-time high, it hasn't managed to push ASTER into an independent trend. It had a quick surge, but the selling pressure above ASTER is still way too strong. The consensus is clearly much weaker compared to HYPE. After all, HYPE has real big whale trading, while ASTER mostly relies on CZ's endorsement and retail support from Binance.
(Follow me to stay on track; I share insights in the chat room.)
In terms of risk-reward, ASTER looks relatively better right now, with a market cap of 1.8 billion compared to HYPE's 13.8 billion. Doubling down, we can focus on ASTER first. Whales might want to accumulate HYPE in batches at 40-45, especially since institutions like a16z and Goldman Sachs have stepped in; their tech and strength are definitely recognized by the market. #hype #aster #Lıt