Aster (ASTER) has once again captured market attention following a surge in large-scale accumulation by major investors, often referred to as whales.
According to a report by BeInCrypto, more than 100 of the largest addresses increased their ASTER holdings by approximately 1.7%, with a total accumulation value exceeding $260 million. This rise is seen as a sign of strong confidence from large investors in Aster’s medium-term prospects, even as global crypto markets remain volatile.
The same report noted that technical indicators such as the Money Flow Index (MFI) and Bull-Bear Power (BBP) continue to show positive momentum. ASTER’s price is currently forming an ascending triangle pattern, with key resistance levels between $2.04 and $2.27.
If the token manages to break above the $2.27 mark, analysts believe it could pave the way for a move toward a new record high around $2.43. Conversely, a drop below $1.77 could invalidate the current bullish setup.
Outlook and Key Factors to Watch
Although the short-term trend remains positive, BeInCrypto also highlighted potential downside risks linked to a major token unlock event scheduled for October 17, 2025, worth an estimated $325 million. If the additional supply is not met with sufficient demand, short-term price pressure could emerge.
In addition, Aster’s ecosystem development and growing integration within the perpetual DEX sector are seen as potential catalysts for medium-term growth. As long as indicators such as the RSI stay above 50 and BBP remains positive, Aster’s upward momentum is expected to remain intact — though volatility should still be monitored ahead of the unlock period.
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