Today the overall market is not bad, $BTC increased by 1.6% and stabilized at 66.8k, $BNB also rose by 1.3% to around 616.
$ASTER performed relatively stable today, although it was not on the list of today's gainers and losers, this kind of sideways consolidation is actually a good thing. Looking at today's popular coins, $NOM surged by 48% with a transaction volume of 11M, and $ONT also rose by 22%, indicating that funds are still flowing, just that the ASTER sector hasn’t caught its turn yet.
From a technical perspective, $ASTER is in a pretty healthy position right now, not participating in the crazy surge of the market nor experiencing a deep drop, this independent movement indicates that the chip structure is relatively stable. Recently, the user growth of the AsterDEX ecosystem has been quite stable, as long as Bitcoin doesn’t crash, the probability of ASTER catching up afterwards is not small.
Currently, the overall market sentiment is leaning towards optimism, $DOGE even rose by 3% today, and the rhythm of altcoin rotation is accelerating. As a quality project in the Binance ecosystem, $ASTER has no issues with its technical fundamentals, it just depends on when it will be noticed by investors.
In the short term, if $BTC can stabilize above 67k, $ASTER should follow this small rebound. Just be patient and wait.
Do you think the adjustment for $ASTER is about done?
#ASTER #BNB #Binance #BTC #crypto