ASTER is currently hovering around 0.975, and this trend is just like my friend who always acts grand when it's time to treat, but takes a long time to dig into his pockets. He talks big, but in reality, he's pulling back.
This market increasingly looks like a 'stage play' set by the bulls, so don't actually sit down waiting for the dishes to be served.
From the data and on-chain analysis, ASTER, this small coin, is not very active in trading, only 1.2 million USD in 24 hours, and liquidity is already poor.
What’s more concerning is that in the last three days, the addresses with large holdings dropped from 41% to 37%, clearly indicating that big players are stealthily reducing their positions. In contrast, the proportion of small retail investors' holdings has increased by 5%, a typical case of 'big players offloading, retail investors picking up the pieces'.
Informational signals also suggest that the buying strength from the market makers is weakening, and the intent to lure in more buyers is obvious. It’s like on a drinking table when someone shouts, 'Let’s add two more hard dishes', they actually want you to foot the bill and seize the chance to slip away. Those still holding long positions are mostly trapped by the illusion of 'it’s going to rise further'.
My judgment is straightforward: this is a typical trap to lure in buyers, with weak liquidity and big players withdrawing. Jumping in at this time is like being the last to take a hit. If you have a position, it's advisable to secure your profits early; if you haven't entered the market yet, don’t get tempted to join this frenzy.
Don’t be that unfortunate soul paying the bill, understand clearly and withdraw; avoiding it is the safest approach.
I am Qi He from the crypto circle, follow me for tips on how to seize this market wave and catch the whole fish! If you’re unsure about timing, Qi He will provide real-time analysis in the village, offering the current best entry points.
