Last November, a well-known figure in the circle publicly announced their purchase of $ASTER and endorsed the project. What was the result? So far, this coin has already fallen nearly 30%. Retail investors seeing this trend, shouldn’t they be questioning it?

How many people are still holding long positions now? How should they go about unwinding their positions?

Honestly, the $ASTER project exhibits obvious characteristics of a domestic project, and such projects have basically been discredited in the market—there are too many套路 (scams) aimed at harvesting retail investors. Recently, I've also seen many opinion leaders start posting endorsements for it. Once this round of manipulation ends, everyone might want to look back and see these people’s true faces. Isn’t the lesson from PI coin still fresh enough?

My simple view is: focus on solidly allocating mainstream assets and don’t blindly trust so-called influential figures. They can cut their positions just as quickly as anyone else, but you’re the one who loses real money. The cryptocurrencies that can truly survive cycles are, at the end of the day, still the hard currencies like BTC.

What’s the current strategy? Daily dollar-cost averaging into BTC is enough. If you want to diversify a bit more, platform tokens from top exchanges like Gate are also worth considering, since these exchanges are backed by real strength.

Keep your wallet secure and don’t blindly follow the crowd to be a bag holder. The market is never short of stories; what’s lacking is clear judgment.