ASTER experienced a volume-driven decline of -12.44%, and is now trapped in a narrow consolidation at a low level. The open interest remains high, and both bulls and bears are engaged in intense competition, but structurally, the bears clearly hold the upper hand.

This massive decline is a clear sign of weakness. The price lacks effective buying support for a rebound at the low levels, forming a typical falling continuation pattern. High open interest combined with falling prices more likely indicates passive stop-losses by longs or new shorts entering the market, rather than signs of major players secretly accumulating positions.

As long as the price cannot quickly break above 0.645, downward pressure will continue to be released. Currently, consider shorting on rallies within the 0.620-0.628 range, with a strict stop-loss set at 0.645. If the downtrend persists, target levels are 0.580 and 0.540. With no effective rebound at present, short-term trading strategies should remain cautious.