🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
I’ve been a bit confused by the recent ASTER market rally. I’ve held my position for almost two months, watching the project team buy back and burn 75 million tokens with $4 million daily, yet the price keeps dropping. It’s now approaching the $0.9 level—just at the big investors’ cost base. Honestly, I almost couldn’t resist cutting my losses the day before yesterday.
But after calming down and thinking it through, the issue isn’t how strong the buyback effort is, but what big capital is waiting for. Perhaps they’re waiting for a real ignition point. Before that moment arrives, the price might repeatedly test this critical level. $0.9 is not only a technical support but also a psychological barrier—if it breaks, the market will say “Even the big investors are trapped”; if it holds, that signals strength. In this situation, rather than betting on ups or downs, it’s better to step back and observe.
Another practical issue is capital efficiency. Sitting in ASTER for two months has only caused anxiety without any other gains. What if I try a different approach? Move some funds into a stablecoin ecosystem, cross-chain to earn 8-15% annual yield, maintain liquidity, and be ready to jump into ASTER or other opportunities at any moment. This way, I avoid panic selling and stay relaxed.
My current plan is as follows:
If ASTER stabilizes at $0.9 with volume breakout, I’ll switch to stablecoins to follow up. If it effectively breaks below $0.9, I’ll just hold my stablecoins, earn interest, and wait for clearer signals. I can also use stablecoins to participate in other trading pairs, earning points and dividends along the way. This way, I won’t miss opportunities nor get tied down by a single position.