Key Takeaways
- •ASTER forms a rounding-bottom structure, signaling shifting market control toward steady buyers.
- •Price at $1.12 shows a cooldown phase after earlier intraday rejection near $1.18 and $1.20 levels.
- •Supply metrics and exchange activity support a broader accumulation base before any breakout attempt.
Market Structure and Price Action
Aster continues to show consolidation as the market reacts to lower trading volume and a recent price pullback. The token maintains a constructive structure on the 4-hour chart while holding above the rising curve of a rounding-bottom pattern.
Rounding-Bottom Structure and Market Behavior
ASTER shows a developing rounding-bottom formation on the 4-hour chart. Sellers are losing momentum with each rotation around the curve. Gradual higher lows keep the pattern intact.
Alpha Crypto Signal noted that price now rides above the rising arc. Market control gradually shifts as buyers absorb available supply. This suggests an ongoing transition into accumulation.
The neckline area has been approached many times but not yet reclaimed. A push above that zone is needed. That would confirm a complete rounding-bottom and start a stronger expansion phase.
Current Price Levels and Intraday Pressures
At the time of writing, ASTER trades near $1.12, reflecting a 5.22% decline in the past day. Price reached about $1.1763 earlier before a sharp rotation. Short-term selling and reduced momentum caused the recent pullback.
Green bullish structure shifted red late in the session. That change points to cooling sentiment after earlier activity. Failure to reclaim $1.17–$1.18 keeps movement contained below key resistance.
Volume fell nearly 38.77%, showing weaker participation. The cooldown follows earlier attempts to reach the upper range around $1.20. The market awaits new demand before the next attempt toward recovery.
Fundamental and Sentiment Drivers
Market cap holds near $2.66B, with unlocked valuation at $2.65B. Circulating supply stands at 2.37B ASTER of a total 8B. This shows a relatively mature liquidity profile while leaving some future unlock risk.
A recent community post noted traders watch exchange developments and tokenomics changes. Unlock delays eased selling pressure for now. Yet new releases could return later and shift sentiment again.
Participation in Bitget On-Chain programs keeps the token useful beyond trading. Ecosystem rewards draw holders who seek more than directional exposure. Utility participation often supports accumulation phases over time.