$ASTER recently has a noteworthy update - the project party has initiated the buyback plan ahead of schedule.

The timing seems quite delicate; the news of tightened regulations domestically has just settled, and the panic sentiment has mostly been released. At such points, where the negative news has been fully digested, it often serves as a window for left-side positioning.

From a technical perspective, the 0.9 position is the cost zone where CZ initially built his position, and historically, it has formed support multiple times in this area. The project party rushing to buy back at this moment is, to some extent, laying a foundation for the market.

Additionally, I've heard that there are some positive signals regarding regulation brewing in the United States, which, if realized, could boost the entire sector.

Of course, bottom fishing always comes with risks. However, considering the official actions, technical support, and potential catalysts, the risk-reward ratio at the current price level seems reasonable. Weigh it yourself.

ASTER5.12%

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GweiWatcher

· 10h ago

The buyback of this move is indeed quite delicate; the position of 0.9 is not chosen randomly. But to be honest, every time I hear "Unfavourable Information has run its course", I feel a bit uneasy. Is there going to be an even lower point next time? Wait, are there really positive signals from the U.S., or is it just another rumor?

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AirdropHunterXM

· 12-01 19:49

Oh dear, CZ's cost zone has come to defend the market, this buyback signal is quite something --- The left-side layout sounds nice, but in essence, it's still betting on favorable information from regulation, you need to think clearly about this risk --- Is the 0.9 hurdle really stable? It feels like every time there's talk of support, it still breaks with just a poke --- Are the "positive signals" from the US reliable? I've heard this kind of statement too many times --- The project party buying back themselves actually makes me a bit anxious, usually this is an operation before a rug pull --- Wait, isn't this just a typical buy the dip trap? Why do I feel like it's all just a pile of favorable information --- No matter what, 0.9 is indeed a key price point, if it breaks, it will look very bad

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CrashHotline

· 12-01 19:43

0.9 can't hold on, feels like it's going to break a new low --- About the repurchase... isn't it just market stabilization? No matter how nice it sounds, it won't change the fundamentals --- When CZ built a position, the crypto world wasn't this intense, is it really the right time to enter now? --- Favourable information from the U.S. has been "brewing" for a while, when will it be implemented? By the time it happens, the flowers will have withered --- Left-side layout sounds fancy, but the ones who always cut losses are retail investors like us --- Is the risk-reward ratio reasonable? This phrase has too deep of a trap, haha --- Once the regulatory dust settles, there will be a repurchase, it really feels a bit rushed... --- Just because of this wave of operations from the project party, I'm even more hesitant to enter --- Let's wait and see, anyway, we can't run away.

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UserHWH

· 12-01 19:34

Garbage, what are you buying back, just go buy it and you'll get caught.

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GasFeeBarbecue