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ASTR the dog farm is about to start spending money to lift the market again, will you get in the sedan chair? "Come... let's share the profits of the dog farm together." Currently, $ASTR is fluctuating wildly around 0.00648, and although the daily chart looks like a rebound, the 1-hour and 4-hour Bollinger Bands are fully converging, and the price is being suppressed by the EMA. This is a typical trap of "false upward breakout" before a rally. My view:
Don't be fooled by the "fixed supply cap" proposal on the news.
Pay attention to the latest liquidation map, where short positions are piling up above 0.00675, and the dog farm will not easily push the price up to "give them money."
Star operation ideas:
Aggressive: Enter short positions directly at the current price around 0.0065.
Conservative: Wait for the market to consolidate around 0.0071 before entering short positions. (Blindly following orders is risky; specific entry and stop points, back to 1)