THIS IS VERY BULLISH
🇺🇸 US ISM Manufacturing PMI just came in at 52.7%, above expectations of 52.5%.
This is the 3rd consecutive monthly print above 52%, which shows that the US economy is in the expansion phase.
Last time ISM PMI had 3 consecutive prints above 52 was in Q3 2020, and here's what happened after that.
- Gold and Silver peaked.
- Stocks rallied hard.
- Alts entered a mega uptrend, which lasted for 6-8 months.
Aster Chain Mainnet officially launched yesterday, this L1 is purpose-built to destroy the transparency trap of modern DeFi
On Aster every order and position is private by default which means that trading privacy removes the last reason to stay on a centralised exchange, with that feature nobody can hunt whales positions
No entry tracking, no profit taking, nothing visible for the retail in the books because when you place an order on ASTER DEX, it's encrypted before it ever reaches the chain
It gets decrypted only at the point of execution, and it's never exposed in the order book
With Aster, whales have the privacy freedom which they can't have with CEX while still having the speed of centralised exchanges due to 100,000+ TPS, 50ms block latency, all without gas
In the near future perp DEXs should be bigger and more used then centralised exchanges, the advantages and benefits that ASTER offers are to significant to ignore them
$ASTER is the first mover to provide this much of freedom to big whales, there is no reason not to use it
This is the reason why ASTER is my biggest ALT for this cycle
It will trade at 10$+ over next few months
Yes, it's true. The S&P 500 dropped 0.98% right after open (6775.80 to 6709.73), wiping out roughly $570B in market cap for its components amid broad red across the heatmap. Total US equities saw over $500B lost early on due to energy spikes and geopolitics.