ASTER and AVNT are poised to take off after the pullback, with technical indicators suggesting a potential explosive pump in October.

The new stars Aster and Avantis in the Perptual Futures DEX space have experienced a significant pullback after reaching historical highs, but Technical Analysis indicates that this may just be a healthy correction in the bull run. Multiple indicators suggest that these two projects are completing wave adjustments, laying the groundwork for a strong Rebound in October.

Aster and Avantis: Market Performance and Recent Volatility of Innovative DEX

On September 23, the crypto market witnessed different trends for two highly watched Perptual Futures DEX tokens: AVNT reported at $1.84, with a daily drop of over 20%, while ASTER reported at $1.49, with a daily Rebound of nearly 9%. This starkly different performance has sparked widespread discussion in the market about the future trends of these two projects.

"This kind of differentiation is actually a healthy market behavior," said a senior crypto analyst, "it indicates that investors are making selective investments based on their respective fundamentals and technicals, rather than blindly following the overall market sentiment."

Avantis and Aster reached historical highs on September 21 and 22, respectively, marking a key turning point in their short-term market cycles. AVNT hit an all-time high of $2.66 on September 22, while ASTER also set a new high during the same period. However, both tokens experienced varying degrees of pullback after reaching their peaks.

"It is completely normal market behavior for emerging tokens to experience a pullback after reaching historical highs," explained a market strategist. "Especially considering their explosive growth in a short period, this adjustment actually provides an excellent entry opportunity for long-term holders."

Avantis Technical Analysis: Pullback Opportunities

(Source: CoinMarketCap)

AVNT is one of the latest entrants in the perpetual DEX space, showing impressive performance since its launch on September 9. The token has been steadily climbing within an ascending wedge pattern until reaching a historical high of $2.66. However, technical indicators have already issued warning signals before the price peaked.

"Before the price of Avantis dropped, there was a clear bearish divergence in the RSI and MACD," noted a Technical Analysis expert. "This divergence is usually a reliable signal that a pullback is imminent, but it does not necessarily mean a reversal of the long-term trend."

Current Technical Analysis indicates that AVNT may be completing wave A of the ABC correction, and may subsequently further decline towards the wedge support trend line around $1.70. Wave theory further suggests that this adjustment could ultimately bring the price to the 0.618 Fibonacci pullback support level.

"Considering that the five-wave rise leading to the high lasted nearly 20 days, this adjustment may last at least until the end of September," a wave theory expert analyzed, "but this adjustment creates the conditions for a potential strong rebound in October."

Aster Market Performance: Rebound Signal is Present

(Source: CoinMarketCap)

Compared to Avantis, Aster's price trend shows stronger resilience. Although it also experienced a breakout from the ascending parallel channel, ASTER has already seen a rebound after the initial decline, stopping the drop on September 22, and today recorded an increase of nearly 9%.

"The rebound of ASTER indicates that the market maintains confidence in its fundamentals," said a DeFi researcher, "especially against the backdrop of cautious overall market sentiment, this strong performance is particularly noteworthy."

Technical analysis shows that ASTER is currently in the B wave of an ABC correction, which has been confirmed by the breakout of the short-term channel. According to wave theory, the potential target for the bottom of the C wave is the 0.618 Fibonacci retracement support level at $1.12. However, today's strong rebound may indicate that the upward momentum of the B wave is exceeding expectations.

"The hourly chart of ASTER shows a potential bottom formation process," noted a chart analyst, "If the price can stay above the current level, we might see the decline of wave C being less than expected, and it could even directly enter a new round of upward movement."

Market Cycles and Investment Opportunities

Combining the Technical Analysis of Avantis and Aster can provide investors with a more comprehensive market perspective. Both tokens are in similar phases of the market cycle but exhibit different adjustment patterns and intensities.

"This difference provides investors with the opportunity for diversified investment," suggested a portfolio manager. "By allocating funds between these two projects, investors can reduce risk while maintaining exposure to the perpetual DEX space."

From a broader market cycle perspective, the pullback of these two tokens may be preparing for the next wave of a bull run. Historical data indicates that the first significant adjustment after the initial surge of emerging tokens often provides an excellent entry point for long-term investors.

"If we look back at successful DeFi projects in the past, they have almost all experienced similar price patterns," explained a market historian, "initial surge, pullback, and then a more sustained upward trend. Aster and Avantis seem to be following this pattern."

Fundamental Factors and Long-term Prospects

In addition to Technical Analysis, the fundamental factors of these two projects are also worth paying attention to. The perpetual futures DEX sector is experiencing rapid growth, and Aster and Avantis, as innovators, have the potential to benefit from this trend.

"Demand for Perptual Futures trading continues to grow, and decentralized platforms are capturing market share from centralized exchanges," noted an industry analyst. "This provides long-term growth momentum for projects focused in this area, such as Aster and Avantis."

In addition, both projects are actively expanding their features and ecosystems. Aster recently announced trading fee discounts for token holders, while Avantis is focused on improving the liquidity and user experience of its platform. These initiatives may enhance their competitiveness and user adoption in the coming months.

"Improvements in the fundamentals usually reflect in the price after the technical adjustments are completed," said a fundamental analyst. "If these two projects can continue to execute their roadmap and expand their user base, we may see a rebound stronger than what Technical Analysis predicts."

October Outlook: Catalysts for a New Rally

As September comes to a close, investors' attention has turned to the opportunities that October may bring. Historically, October is often one of the better-performing months for the cryptocurrency market, which could provide additional upward momentum for Aster and Avantis.

"The fourth quarter is usually a strong period for the crypto market," noted a seasonal analysis expert, "especially if there has been a pullback in the previous month, this pattern becomes more apparent."

In addition, several potential market catalysts may emerge in October. The monetary policy of the Federal Reserve, increased participation from institutional investors, and innovations in the DeFi space could all positively impact market sentiment.

"We are at a critical turning point," summarized a market timing expert, "the current pullback provides a second chance for investors who missed the initial bull run, and technical indicators suggest that this could be the last entry opportunity before the next wave of Rebound."