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What is the decline of Aster, and are the behind-the-scenes movers the founders or the overall market? Actually, it doesn't matter much. Ultimately, this is the effect of market cycles. The most prominent phenomenon in a bear market is that altcoins are generally halved again and again, with declines easily exceeding 80%. When the next bull market arrives, smart retail investors will have already positioned themselves at low levels, accumulating enough chips, and it will be another round of hype.
Conversely, the more believers there are, the more troublesome it becomes. The deeper these people are trapped, the higher their expectations for the project, making it harder to pump the price. Market sentiment and holding costs create a subtle game of chess.
Interestingly, some projects have completed a comeback through structural innovation—for example, BNX, which entered the mainstream view from a niche track and has now become a benchmark. This kind of case is worth studying to see how they jump out of the cycle trap.
Those who are lying in wait at low levels are all laughing, while believers are crying.
BNX has indeed set an example, but most projects still can't escape the vicious cycle.
To put it simply, bottom-fishing requires courage, but even more so, it requires brains.
It just feels like every cycle follows the same script, just a different coat of paint.
An 80% drop? I've already bottomed out long ago.
The more believers there are, the harder it is to pump the market; this logic is spot on.
Why can BNX turn around while others can't? It still depends on the team's execution.
Cycles are all about mindset and chips.
Those who are deeply trapped have high expectations, which is indeed a problem.
When the bull market comes, you'll see who makes money and who loses.
The deeper the faith, the worse the trap. This is a hard truth.
BNX's turnaround depends not on faith but on solid innovation—something other projects can't imitate.
80% decline? Normal operation. Those who buy in at the low are the real winners.
Wait, what's the current price of Aster? Is there any value in bottom fishing?
Having too many believers can become a burden; the higher the expectations, the greater the disappointment... This logic is a bit absolute.
The BNX case is indeed impressive, but how many can truly turn the tables? Most are still crushed within the cycle.
Retail investors have long seen through it; the key is to survive and see the next round.
Having more believers actually becomes a burden? That’s a bit harsh, those who are caught are indeed the most persistent.
The BNX example is pretty good, it does have some substance.
An 80% drop, so what? I've seen even more intense ones.
Accumulating at low levels is the only way to make money; everything else is nonsense.