ASTER/USDT Trend Observation (8-Hour Cycle)

AST continues to face pressure, with the price moving within a clear downward channel, currently near the lower boundary support of the channel, around $0.67. However, from the candlestick structure, the overall pattern remains weak.

Several noteworthy details: each rebound high in the market is gradually decreasing, while each pullback low is also making new lows—this is a typical sign of unrelieved selling pressure, indicating that the bears are in control. Additionally, the price has broken below the Ichimoku cloud zone, further confirming the weak trend from a technical perspective.

Overall, ASTER is still in a clear downtrend cycle, with no reversal signals in the short term. Investors should watch whether the $0.67 support can hold and whether a clear sign of a bottoming out appears at the low levels.