#数字资产市场动态 $ASTER recently showed signs of breaking down after a significant decline, with the market dominated by selling pressure. From a technical perspective, this decline was accompanied by increased trading volume, while open positions have not shown a clear decrease, indicating the possibility of long liquidation or market makers clearing out.
From a price action standpoint, key support levels have been breached, with little buying interest below, and rebound momentum is clearly insufficient. In the short term, a rebound from lower levels may instead become a point for bears to add positions. The main logic remains bearish.
Any rebound at lower levels does not change the overall downward trend — this is the core logic to watch closely right now. Given the current market sentiment, it’s better to go with the flow.
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CexIsBad
· 01-19 21:59
How did ASTER drop like this? Is it the manipulators cutting the leeks again?
The rebound came and was immediately smashed down, too ruthless.
Can it really reach 0.54? Feels a bit uncertain.
Following the trend with a short position is reliable, just see if I can hold the stop loss.
The breakdown is too obvious, I also remain bearish.
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FloorSweeper
· 01-19 21:54
This ASTER really is a bit broken, if the market maker doesn't clear out, they're just playing us.
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Rebound again and add to the position? I think it's most likely the "last straw" for the retail investors.
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Can 0.540 really be reached? Feels a bit optimistic.
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The selling pressure is so fierce, the ones taking the bait must be pretty foolish haha.
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Key support levels have been broken, is there any defense below?
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A rebound doesn't change the trend. This is said every time, but what’s the result?
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Follow the trend... but the coins I hold have already been sold off.
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DeFiDoctor
· 01-19 21:47
The consultation records show that ASTER's clinical performance is indeed not good—no significant pullback in the position, and this detail hints at a problem. The increased trading volume combined with such a retracement warrants a diagnosis of whether it's a long liquidation or a market maker clearing out, as the two diagnostic strategies are completely different.
I agree with the judgment that the rebound at the low point is a good entry point for short positions to add. However, the entry zone of 0.625-0.635 is a bit tight... a risk warning is necessary, and don't relax the stop-loss at 0.665. It is recommended to regularly review this support level; once it breaks below 0.580, you should consider strategy complications.
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TradingNightmare
· 01-19 21:43
It's another dump, ASTER is really quite aggressive this time.
For the bears, it all depends on who can hold out until 0.54.
#数字资产市场动态 $ASTER recently showed signs of breaking down after a significant decline, with the market dominated by selling pressure. From a technical perspective, this decline was accompanied by increased trading volume, while open positions have not shown a clear decrease, indicating the possibility of long liquidation or market makers clearing out.
From a price action standpoint, key support levels have been breached, with little buying interest below, and rebound momentum is clearly insufficient. In the short term, a rebound from lower levels may instead become a point for bears to add positions. The main logic remains bearish.
💭 Trading strategy:
📍 Short entry zone: 0.625-0.635
⚠️ Stop-loss setting: 0.665 (strictly enforced)
🎯 Downside target 1: 0.580
🎯 Downside target 2: 0.540
Any rebound at lower levels does not change the overall downward trend — this is the core logic to watch closely right now. Given the current market sentiment, it’s better to go with the flow.