The market for ASTER is like a piece of glass that has been smashed hard by a whale—full of cracks, but the I Ching has already seen the light shining through behind it.
The news is explosive!
This morning, an on-chain alert set off a stir about ASTER: the whale that accumulated 12,430,000 ASTER on December 10 surprisingly transferred all of it to Binance just 9 hours ago! This amount is worth $11,670,000, and based on his initial entry price of $0.9705, he is now facing a floating loss of nearly $1,370,000.
What's more exciting is that ASTER is currently priced at $0.806, having even fallen below the $0.913 cost line that CZ initially built! This 'whale run' often signals a market sentiment collapse, but it could also be the last wave of panic washing out—are you panicking?
Technical analysis is also here to "make a cut"
Opening the one-hour K-line chart, ASTER is really experiencing "blood flowing like a river" today. The price has plummeted from $0.93 to $0.80, with the key level of 0.8069 being broken through with high volume, leading to a surge in trading volume, a typical "high-volume drop" pattern. The resistance level is now hanging high at 0.9332, and it's as difficult as climbing to return in the short term.
Interestingly, the indicators show that the "golden cross trend" is still present — this indicates that although the downward momentum is fierce, the medium to long-term structure has not completely deteriorated. Currently, the "selling pressure" is dominant, but often at such times, a reversal is quietly brewing.
I Ching perspective: When others are fearful, I am greedy! The market outlook is directly bullish.
Although the news is a wreck and the technical analysis looks grim, I actually think — the opportunity has arrived!
Whale dumping is often a short-term behavior. If they are truly selling at a loss, it indicates that the market has fallen to a level that even large holders can't withstand, which might actually be a signal of a temporary bottom.
Moreover, the fundamentals of ASTER have not collapsed, with a market value still at $1.36 billion, and trading activity remains very high.
I judge that today’s sharp drop is cleaning out floating capital, and there will be strong support around $0.80. Once stabilized, a rebound is imminent!
Therefore, the I Ching suggests:
If you have positions, don’t panic sell; if you are still observing, the range of 0.80-0.81 can be allocated in batches, with stop-loss set below 0.78.
The short-term target is first looking at 0.86-0.88. If it breaks through, the 0.93 resistance level will be the real test. Remember: Bull markets often have sharp declines, and sharp declines often bring opportunities. I believe this round of "blood washing" for ASTER is a "golden pit," not a "mass grave"!
There are no deities in the crypto space, only smart people who can read signals. The strength of I Ching doesn't boast or paint a rosy picture, but teaches you practical survival skills. Follow @周易趋势 , and lay out plans in the village in advance every day! If you want to keep up in real-time to find I Ching's village, we will establish positions together, and I will share my profits with you!#美联储官员集体发声 $ASTER
