#美联储恢复降息节奏 "$ASTER Technical Analysis Alerts: MACD First Shows Bearish Crossover Signal, 35 Million USD On-Chain Funds Guarding the 1.20 Level"

The MACD is giving dangerous signals. After the continuous rise of $ASTER , the technical indicators have shown a change that warrants caution—the MACD line and the signal line have sharply narrowed their distance, marking the first approach to a bearish crossover in recent times. Historical experience tells us that this pattern often indicates the beginning of a trend reversal.

The changes in the histogram are more intuitive. The bars are continuously shrinking, and the bullish strength is clearly weakening. If this trend continues, market sentiment is likely to undergo a qualitative change in the short term, significantly increasing the probability of further price declines. This could become the first significant turning point since this round of increases.

On-chain data presents a dramatically different picture. Over the past seven days, addresses holding between 1 million and 10 million tokens have accumulated over 30 million $ASTER, with a total value surpassing 35 million USD. This group of large holders has continued to buy during price fluctuations, providing significant support to the market. Although the recent buying pace has slowed, there are no signs of selling—against the backdrop of a weakening technical outlook, this holding behavior constitutes important bottom protection.

The current price is $1.18, slightly below the key resistance of $1.20. The upward momentum of three consecutive weeks was interrupted in the past 24 hours, and there are two possible directions for the next move:

In an optimistic scenario, the price retests $1.20 and forms a consolidation range below $1.28. If buying pressure continues and whale addresses maintain confidence, the possibility of hitting $1.39 cannot be ruled out.

But the risks are equally apparent. Once large holders turn to sell, the support level at $1.07 will be put to the test. If this price level is broken, the bullish narrative will be completely shattered, and bearish momentum will dominate the subsequent market, at which point the pullback could exceed expectations. $ASTER