$ASTER : This coin tends to rally immediately when it reaches the support level of 0.9【cz's cost price】. This time the rally is due to positive news; currently, the ASTER buyback plan has increased from 3 million USD daily to 4 million USD.
Based on this calculation, the monthly buyback plan amount has reached 120 million, while ASTER's market value is only 2.2 billion USD. It's worth noting that next week there will be a significant selling pressure from an airdrop of 100 million tokens, which is a relatively large negative news.
I personally believe that the project team will raise the price for a wave of selling before the airdrop pressure, and then there will be a drop. Therefore, I suggest that if it falls back to 0.91, it could be a good entry point to build a position. Aggressive investors can accumulate in batches at the current price; there is a high probability that the price will rise before the airdrop pressure. Specific operational points and ideas will be discussed in the chat room.
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