ASTER recently recorded a new all-time high (ATH) of $2.43, but the rally was short-lived. 

Within the last eight hours, the altcoin has dropped by 10%, sliding toward the $2.00 mark. The shift in investors’ stance and growing market weakness raises the risk of further losses.

Aster Is Losing Support

The Chaikin Money Flow (CMF) indicator highlights a decline in ASTER’s momentum. Currently slipping below the zero line, the CMF suggests outflows are beginning to dominate inflows. This change signals that selling pressure is outweighing buying activity, a bearish sign for the token’s near-term outlook.

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Negative netflows highlight a point of saturation among investors who had been strongly bullish on ASTER during its climb to record highs. As enthusiasm cools, profit-taking is accelerating, leaving the altcoin vulnerable to deeper corrections.

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From a macro perspective, the Squeeze Momentum Indicator reveals a bearish trend building beneath the surface. The indicator shows that momentum has shifted into negative territory. As the squeeze develops, a potential release could drive heightened volatility that would weigh further on the altcoin’s performance.

If bearish momentum dominates when the squeeze breaks, ASTER could see accelerated losses. Volatility explosions often favor the prevailing trend, and with indicators flashing red, the bias appears skewed toward the downside. This setup leaves ASTER exposed to sharp corrections in the short term.