$ASTER launched 17 days before the market topped. Seventeen days. Then straight into a bear market. People keep saying “all it does is go down” as if the rest of the market spent that period making new highs. What exactly were you expecting? I understand why people are fed up with it. But you’re judging it almost entirely on how it traded through a bear market. We haven’t even seen ASTER trade through a full bull market, and people have already decided it has no future. Personally, I think that’s a little premature.

This range has only strengthened my conviction that the worst is behind us for $BTC. Ten attempts to break it down over the last three weeks, and all sellers have managed so far are incremental lows without a sustained breakdown. Compare that with the move towards $60K a few months ago. A handful of attempts was enough to send entire ranges lower. Supports gave way, liquidations followed, and price barely gave buyers time to respond. Now we’re less than 10% below the range highs, and sellers are having to work considerably harder for much less progress. My expectation has been a move into the $70Ks to establish a higher low, but expecting a pullback doesn’t mean ignoring how differently this market is behaving. You can spend three weeks getting frustrated that support keeps being tested, or ask why those tests still haven’t produced the kind of downside we saw so easily during the bear market. Personally, I find that encouraging. If buyers are defending this range so persistently, I’m not going to assume they suddenly disappear at lower prices.