$ASTER
Highlights
1. Trading Platform Listing: A major trading platform has confirmed that it will launch ASTER spot trading on November 20, which may enhance liquidity and attract a significant influx of new funds.
2. Platform Innovation: ASTER's “Machi Mode” feature rewards users for their clearing activities with points, which can be used for future token airdrops, while the Total Value Locked (TVL) has surged by 570%, indicating rapid growth of the ecosystem.
3. Bullish Momentum: Despite the overall unfavorable market environment, ASTER has recently seen a bullish MACD crossover (MACD at 0.0063), and the inflow of funds in the spot market continues, reflecting positive sentiment.
Risks
1. Short-term Bearish Pressure: Technical indicators show that EMA7 (1.342) is below EMA25 (1.329), indicating short-term bearish pressure, with the RSI indicator remaining neutral.
2. Diverging Market Views: Some well-known traders are actively shorting ASTER, with one targeting a price of $0.14, highlighting potential downside risks and divergences in market expectations.
3. Futures Capital Outflow: The futures market has seen a significant outflow of capital (outflow of -49.73M within 24 hours), indicating that derivatives traders may be deleveraging or taking profits, affecting price stability.
Community Sentiment
1. Bullish Advantage: The community shows strong enthusiasm for ASTER's innovative “Machi Mode” feature and its upcoming listing on a major trading platform, anticipating further price increases.
