Spent quite some time studying this coin's chart, and the more I look, the less I think the situation is that bad. A few months ago, the price was continuously declining, and the market was generally bearish, expecting further breakdowns. But now, the situation has changed—the downtrend has stopped.
There’s no sign of accelerated decline, nor obvious selling pressure. Instead, I have a feeling that all the bad news may have already been digested. The long-term bottoming oscillation characteristics are gradually becoming apparent, and this kind of adjustment lacking aggressive selling is often a sign of accumulation.
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OnchainDetective
· 23m ago
There aren't many coins with enough momentum at the bottom; after a rebound, many of them get hammered back down.
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FOMOSapien
· 49m ago
Hey, I've heard the phrase "bottoming accumulation" too many times, but what’s the result...
Can ASTER really rebound this time? I remain skeptical.
Wait, you said there's no selling pressure... that doesn't seem right.
Who dares to buy the rebound after a breakdown?
Have the bad news been digested? Why do I still see continuous bearish signals?
The term "accumulation signal" sounds comfortable, but can it really rise?
I only trust trading volume to speak.
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CompoundPersonality
· 3h ago
The bottom signals are becoming clearer, and ASTER's move is really quite interesting.
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rekt_but_not_broke
· 3h ago
There is indeed a feeling at the bottom; all the bad news that needed to fall has already fallen.
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RugPullProphet
· 3h ago
The bottom part is really quite interesting, looks like it's storing energy.
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AirdropHunterKing
· 3h ago
Hmm, I understand this logic. The idea of accumulation at the bottom is quite common, but looking at the chart, there are indeed no signs of a dump. I'm just worried it might be a false bottom. Anyway, I already got some ASTER airdrops for free, so no loss.
Technical Analysis of $ASTER
Spent quite some time studying this coin's chart, and the more I look, the less I think the situation is that bad. A few months ago, the price was continuously declining, and the market was generally bearish, expecting further breakdowns. But now, the situation has changed—the downtrend has stopped.
There’s no sign of accelerated decline, nor obvious selling pressure. Instead, I have a feeling that all the bad news may have already been digested. The long-term bottoming oscillation characteristics are gradually becoming apparent, and this kind of adjustment lacking aggressive selling is often a sign of accumulation.