#Strategy加仓BTC $ASTER recently experienced a significant breakdown after a volume surge and decline. From the price action, selling pressure continues to dominate the market rhythm.
**Trading Ideas**
Shorting is the current main strategy. Entering the market in the 0.625-0.635 range would be a good opportunity, with a stop loss set at 0.665 (this is rigid and must not be broken).
Regarding targets, the first target is 0.580, with a further target at 0.540.
**Why this view?**
$ASTER shows a massive decline accompanied by high open interest. This combination usually indicates that the bulls may face liquidation risk or that the main funds are offloading. The price has broken through a key support zone, but there is no sign of effective buy-side absorption below—this imbalance suggests that the short-term rebound will be relatively weak.
On lower timeframes, any retracement is worth close attention, as it can serve as an opportunity for short positions to add or for new entries. The overall trend still points downward.
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rugdoc.eth
· 10h ago
The selling pressure is so fierce, and the open interest remains high. This wave definitely has the smell of a liquidation.
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AirdropNinja
· 10h ago
I love this kind of breakdown where it just drops straight down; ASTER's move this time really has no suspense.
This analysis is reliable, with open interest still high, definitely a prelude to liquidation.
Enter short at 0.625, target 0.540, the question is whether it can avoid being smashed out.
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SybilAttackVictim
· 10h ago
It's the same pattern of high-position holdings combined with a sharp decline—are the big players distributing, or are the bulls getting liquidated? Anyway, we're always the retail investors getting swept up.
#Strategy加仓BTC $ASTER recently experienced a significant breakdown after a volume surge and decline. From the price action, selling pressure continues to dominate the market rhythm.
**Trading Ideas**
Shorting is the current main strategy. Entering the market in the 0.625-0.635 range would be a good opportunity, with a stop loss set at 0.665 (this is rigid and must not be broken).
Regarding targets, the first target is 0.580, with a further target at 0.540.
**Why this view?**
$ASTER shows a massive decline accompanied by high open interest. This combination usually indicates that the bulls may face liquidation risk or that the main funds are offloading. The price has broken through a key support zone, but there is no sign of effective buy-side absorption below—this imbalance suggests that the short-term rebound will be relatively weak.
On lower timeframes, any retracement is worth close attention, as it can serve as an opportunity for short positions to add or for new entries. The overall trend still points downward.