bullish

Momentum

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<h2 class="wp-block-heading" id="strong-in-brief-strong"><strong>In Brief</strong></h2>
<ul>
 <li>CZ confirmed a personal ASTER purchase, pushing the token’s price up to $1.19.<br></li>
 <li>Whale opened a $49.17M ASTER short on Hyperliquid, contrasting bullish retail sentiment.<br></li>
 <li>ASTER reclaimed $0.98 support; holding this level may decide short-term trend strength.</li>
</ul>
<p>A whale on Hyperliquid opened a $49.17 million short position on ASTER shortly after Binance founder CZ revealed a personal purchase. CZ stated he bought the token using personal funds, clarifying he is not a trader but plans to hold long term.</p>
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<p>Following the announcement, ASTER surged by over 20% to reach $1.19, briefly rallying from the $0.91 zone shown in wallet data. On-chain records confirm the wallet holds over 2 million ASTER tokens, reinforcing the credibility of CZ’s transaction.</p>
<p>Market analyst JA_Maartun noted that ASTER reclaimed the key $0.98 support level during the move, which remains a critical level to watch. Holding above this threshold could reinforce <a href="https://coincu.com/analysis/aster-approaches-1-55-critical-zone-as-bulls-eye-1-8-resistance-and-beyond/" rel="noopener noreferrer nofollow">bullish sentiment</a>, while a breakdown may signal weakness ahead.</p>
<p>Momentum remains positive, but short interest from large players adds uncertainty around near-term price direction.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-derivative-metrics-show-bullish-bias-but-signal-rising-volatility-strong"><strong>Derivative Metrics Show Bullish Bias but Signal Rising Volatility</strong></h2>
<p>According to Coinglass, ASTER <a href="https://www.coinglass.com/currencies/ASTER/futures" rel="noopener noreferrer nofollow">derivatives</a> activity surged, with volume rising 149.02% to $2.71 billion over 24 hours. Open interest also jumped 74.23% to $798.9 million, reflecting increased trader engagement following the price rally.</p>
<p>The 24-hour long/short ratio across platforms stood at 1.0425, while Binance's ASTER/USDT pair showed a stronger long bias above 2.0. These figures suggest optimism among traders, though caution may be warranted as volatility rises.</p>
<p>Total liquidations reached $4.2 million, including $2.35 million from longs and $1.85 million from shorts. The mixed liquidations underline intense positioning on both sides of the market, driven by sharp price swings and leveraged exposure.</p>
<p>While momentum remains strong, the combination of elevated open interest and whale short interest highlights the potential for near-term reversals. Price behaviour in the next sessions will likely be influenced by how <a href="https://coincu.com/analysis/aster-bounces-from-bottom/" rel="noopener noreferrer nofollow">ASTER</a> holds key support zones.</p>
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure> <a href="https://coincu.com/?p=373993" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

ASTER Jumps 20% After CZ Buy But Whale Bets $49M on a Drop

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