Recently, while monitoring on-chain data, some interesting phenomena were discovered. The top short seller who made a fortune by shorting altcoins has recently been aggressively closing positions on ASTER. With the price already dropping to 0.6820, tonight's long-short showdown may soon reveal the outcome. What you most want to know now is: Will ASTER continue to bottom out tonight at 0.75 or even 0.65? Or can it make a desperate comeback to rebound to 0.838? Should you cut your holdings? Let's analyze this step by step. **The silence of the whale speaks louder than words** On-chain monitoring shows that this top short seller has completely closed positions in 8 different tokens, with an unrealized profit of $83.14 million. Meanwhile, another seasoned whale in the BTC ecosystem, who is long ETH, is currently at an unrealized loss of $36.84 million, with funding rates alone losing $2.49 million. This is no coincidence. Players capable of mobilizing hundreds of millions of dollars possess information and analytical skills far beyond retail investors. When such forces collectively retreat or shift positions, the signals behind them are definitely worth deep consideration. **The K-line chart is in front of your eyes** The 4-hour chart for ASTER clearly indicates the signal. The MACD's white and yellow lines are firmly below the zero axis, showing a strong bearish momentum. The price has been gradually declining from its high point and is currently testing around 0.6820.

Recently, market liquidity has indeed been tight, and the days for altcoins are even tougher. Since that major crash event, the entire ecosystem is still healing. What are people doing in the market now? Either trading altcoin contracts or using altcoins as collateral to borrow U. As a result, in just one night, many positions were liquidated, returning to the starting point. This wave of shocks has involved hundreds of billions of dollars in losses, mostly concentrated on altcoin contracts and collateral positions. Many initially thought, "Bet big, and the carp will leap over the dragon gate," but ended up being cut down to just bones. To be honest: Altcoins are inherently highly volatile beasts, and with contract leverage? That’s poison. If you insist on getting involved, remember two points — only chase the hot coins of the current cycle, and once you profit, immediately convert to BTC or Ethereum. Don’t get too attached. Otherwise, the probability of losing money can be frighteningly high. BTC is still in a weak pattern at the moment, and in the short term, it’s likely to test support around 84,000. This is a key observation point for the near future. A couple of days ago, we opened a short position at 3060, and those who followed should have gained several hundred points in profit. If you’re still holding the position, I suggest gradually reducing it to protect your capital. Let’s see if there are new opportunities tonight; if so, add more. If not, continue waiting for the next real bull run to make gains together.