Aster token goes flying after CZ reveals $2.5M personal stake

💡 DMK Insight

Aster’s surge following Zhao’s tweet highlights the power of influencer sentiment in crypto markets. When a figure like Zhao, known for his market impact, publicly backs a token, it can trigger significant buying pressure. Traders should note that this isn’t just about Zhao’s holdings; it’s a signal of potential institutional interest. However, the volatility that often accompanies such pumps can lead to sharp corrections. Aster’s price movement could attract both retail and institutional traders looking to capitalize on the hype, but caution is warranted. Watch for key resistance levels that could indicate a reversal, especially if the price spikes too quickly. Keep an eye on the daily chart for any signs of overextension, as well as broader market trends that could influence Aster’s trajectory in the coming days.