After years of bankruptcy from shorting, why did I choose to go long on Aster for the first time? $ASTER
To make a long story short:
1. Recent airdrop events have had a significant impact on the market, but not much on the coin price.
2. The fundamentals of hyper remain quite good, and $ASTER, as a DEX on BN, is still at a disadvantage in market share. The necessity for intense long-term competition still exists, and there may be increased competitive efforts in the future (more positive news to come).
3. There may be gameplay similar to bn holders or alpha, and participating in new projects is a sure thing (mentioned recently in Singapore).
4. Revolutionary innovations like order book sharing may emerge, which are technically not difficult (refer to the automatic market makers leveling price differences between major exchanges).
5. From a technical analysis perspective, we are currently consolidating and choosing a direction. Considering the above news and the recent negative factors that have not been recovered, unless there is an extreme market situation like a stock market crisis or a major crash, the only way forward should be an upward breakout. $ASTER
After a few combinations of strategies, one can imagine how great the future could be.
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