I am Zhou Yi, and today ASTER's performance really gave me chills! The MACD golden cross on the hourly K-line chart is actually hiding below the zero line sneakily—this is clearly the 'Yama Cross'! If you foolishly chase after the rise, do you believe you will be cut into chives by the main force in minutes? Don't panic, let me clarify, today is about whether to run or to buy.

Technical analysis:

ASTER's hourly chart is extremely tangled! The price is hovering around 0.97, with two major pressures above: 1.0207 is the intraday resistance level, and 1.0607 is even a higher resistance point for corrections.

What about below? 0.9786 is the break-even point, if it breaks, watch for support at 0.9291, and if it goes down further, it could hit the rebound point at 0.8869.

The MACD white and yellow lines are golden crossing below the 0 axis, looking like it will rise, but this is a 'flash in the pan' during a downtrend—volume is shrinking, and the battle between bulls and bears is fierce, the main force is clearly inducing long positions to sell off!

Historical data is even more frightening: it dropped 8.23% in 7 days, but skyrocketed 490.55% in 90 days, indicating a huge bubble, now is the time to walk the tightrope on a high!

News analysis:

The latest news isn't looking good! Major exchanges like Binance and OKX's long-short ratio shows that short positions are quietly gathering (account long-short ratio 2.81, large clients' net positions are leaning bearish). Coupled with an overall market pullback, mainstream coins like SOL are also falling, can ASTER stand alone? Difficult! Although the holdings and circulation are large, the trading volume is shrinking, and there are obvious signs of capital outflow—this is the calm before the storm!

Personal opinion:
Today, ASTER must first induce a long position, then wash out! The market may falsely push up to the 1.0207 resistance, but it absolutely won't touch 1.0607. Then it will turn around and plummet, with a short-term target of 0.9786-0.9291 range, and an ultimate target near 0.8869! Why? Because the MACD golden cross below the 0 axis is a 'false bull market', the main force pushes it up just to sell off. If you are bullish now, that's the sugar in the trap, eat it and you'll be trapped!

Player suggestions:
Brothers, listen to my advice, preserving your capital is the most important!

  • If you hold ASTER: quickly reduce your position or go short when it rebounds to around 1.0207, with a short target at 0.9291, take a profit on the rebound and don't fight!

  • If you want to bottom out: hold on! Wait until it drops to around 0.8869 to distribute in batches, that is a strong support level for this phase, with a thick safety cushion.

  • Short-term players: play high and low in the 0.9786-0.9291 range, quick in and out, take your profits and run, don't be greedy!

But this is just an appetizer! There is a shocking thunder behind ASTER—a heavyweight announcement may explode next week, turning this coin upside down! What exactly is it? I can't say everything, but follow me Zhou Yi, tomorrow I will reveal it in the village, only with early positioning can you eat the meat!

There are no gods in the cryptocurrency world, only signals and strategies. I am Zhou Yi, breaking down the market for you in plain language every day. If you read this article today, you may have avoided a disaster; if you follow me tomorrow, you can catch the next wave of wealth! Quickly add me to your village, let's turn from leeks into sickles together! Remember: following Zhou Yi is following your wallet!#巨鲸动向