The Perp Dex sector has been having a rough time lately.
Hype has directly broken through the $30 support line, and Aster has dropped to $0.93—which is about the price where CZ originally built his position. When even these two projects, which are so obviously controlled by big players, start to falter, what does that tell you?
I've got my eye on them now. If we really hit the bottom next year, I'll buy in slowly in batches. The goal is simple: take a 3 to 5x gain and get out. But right now? No way I'm catching a falling knife.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Perp Dex sector has been having a rough time lately.
Hype has directly broken through the $30 support line, and Aster has dropped to $0.93—which is about the price where CZ originally built his position. When even these two projects, which are so obviously controlled by big players, start to falter, what does that tell you?
I've got my eye on them now. If we really hit the bottom next year, I'll buy in slowly in batches. The goal is simple: take a 3 to 5x gain and get out. But right now? No way I'm catching a falling knife.
Guys, the bear market vibes are in full effect.