Before $ASTER , we were discussing aster, which is currently consolidating at a high rebound level. However, there is a significant increase in short positions. This small rebound is likely coming to an end. If you haven't entered a short position before, this could be a good opportunity to consider taking a position with a stop-loss above 1.1. From a data perspective, the rebound is already quite weak. Friends who shorted around 1.4 should also consider rolling over their positions, and for the rolled-over portion, it's fine to look for resistance levels above 1.1 to set stop-losses.

$ASTER aster has been consistently telling everyone not to try to catch the bottom. On November 19, when the highest point was around 1.4 and sentiment was at its best, I posted saying that aster is still in a downtrend and can be shorted. Later, I also posted about aster to remind everyone not to blindly catch the bottom.
This coin has high popularity and a large market cap, and the whales won't be so kind as to let so many retail investors make money. Currently, it has dropped below 1 again, but the whales have basically not seen any capital flow back; they are still slowly opening short positions and selling spot. There might be a small rebound along with the market, but do not try to catch the bottom.
0.6 is only the first phase profit target for short positions, not because I think 0.6 is the bottom, but that there might be a rebound around that price level, not a reversal. The bigger rebound for this coin will surely not be now, but on some day when everyone is quite desperate about it. Do not blindly catch the bottom with the mindset that it's okay to hold long-term; if it drops to 0.3, 0.2, or even 0.1, will you still have the courage to add to your position? If it later pulls back to 0.5, perhaps it will be a strong rally, but will it help you break even now that you are trying to catch the bottom..