$ASTER The main force suddenly withdrew 10%, the market instantly changed flavor, is this wave a washout or a risk coming? Let me simply summarize the key points
News
The largest long account "0x267" reduced its position by 100,000 USD when the price fell below 1.22 USD, with floating profits dropping from 1 million to 500,000 directly. At the same time, it cleared positions in UNI, PUMP, etc., clearly indicating an overall risk reduction. Such actions usually trigger short-term retail investors to follow the trend and sell off, with sentiment being weak.
Technical Analysis
From the 1-hour level, if ASTER cannot return above 1.2125, the bulls will find it difficult to exert real strength.
The strong support is near 1.1498; once it breaks, it is highly likely to confirm the buying strength at the 1.15 line.
However, trading volume has clearly shrunk; once the main force returns, the pullback will be very quick.
This time, the main force's withdrawal seems more like "washing out people rather than retreating." The overall structure of ASTER has not deteriorated; short-term pressure may instead provide a low-buy opportunity.
Of course, don’t go all in; it’s safer to scale in. If it stabilizes around 1.15, it usually indicates that the main force is preparing again.
What should retail investors do? Don't chase highs and cut lows.
Near 1.15, it may be reasonable to consider buying in batches, with stop-loss set below 1.10.
The key price level for short-term bulls and bears is still 1.2125; if this level cannot be held, the bulls can only continue to defend.
In short, this pullback feels more like a rhythm adjustment, not a real unloading risk. Maintaining rhythm is more important than focusing on one-minute fluctuations.
This market changes every day; you need to seize the timing before taking action. If you're still too confused, you can follow Wen Jie @雯姐不爆仓
