ASTER Dropped 2189.17% in 24 Hours Amid Market Correction

On OCT 10 2025, ASTER dropped by 2189.17% within 24 hours to reach $1.31, ASTER dropped by 3638.57% within 7 days, dropped by 3638.57% within 1 month, and dropped by 3638.57% within 1 year.

The sharp decline marks a severe correction in ASTER’s price, reflecting broader market sentiment and liquidity pressures. The token’s trajectory has been marked by prolonged downward momentum, with the 7-day, 30-day, and 365-day metrics all reflecting identical percentage drops, signaling a consistent, sustained bearish trend. The movement has been largely driven by systemic market conditions rather than project-specific developments, as there are no reported on-chain upgrades, regulatory interventions, or governance changes tied to the recent performance.

Technical indicators suggest ASTER is in a deep bear market. The RSI has fallen well below 30, indicating oversold conditions, while the MACD line is significantly below its signal line, reinforcing the bearish bias. These metrics have remained largely unchanged in recent weeks, with no signs of reversal or accumulation patterns. The price has also broken below key support levels that had previously been identified as potential stabilizers, raising concerns about further declines in the short term.

Backtest Hypothesis

A backtesting strategy has been proposed to evaluate potential market conditions and responses during the ASTER downturn. The hypothesis is built around a trailing stop-loss mechanism that adjusts dynamically based on the 20-day moving average. The strategy assumes entry points only when the price closes above the moving average, with exit signals triggered when the price falls below it. The goal is to determine whether early exits could have mitigated losses during the recent correction. By applying this model to historical data from the past 12 months, the strategy aims to quantify the effectiveness of moving average-based exits in a rapidly depreciating asset class such as ASTER.