Aster is entering a crucial phase in its market structure as price action slows around a major support zone that traders have been watching closely. After slipping 6.73% on the day and settling near $1.08, buyer activity is still visible—showing that liquidity hasn’t dried up and interest in the asset remains solid. Even with the recent pullback, Aster maintains a $2.56 billion market cap, a reminder that the market is still paying close attention as price tests this important area.

Key Technical Factors Converge Around Support

The current price region is particularly significant because several major technical levels overlap here:

• The 0.618 Fibonacci retracement
• The volume point of control (POC)
• A long-term daily support area

When multiple signals stack like this, markets often pause and stabilize before choosing their next direction. This zone also aligns with the latest corrective wave following a larger bullish impulse, making its behavior here even more important.

Recent price action included a bounce off the value-area low and a push into a short-term swing high. Some analysts see this as the early formation of a wave one in a potential Elliott Wave sequence—an indication that momentum may be shifting.

Adding to the stability, the market recently shrugged off rumors about large Aster transfers by well-known figures, helping ease selling pressure and encouraging fresh buy-side participation.

A Higher Low Is Key for Elliott Wave Confirmation

For an Elliott Wave pattern to fully develop, Aster needs to form a higher low within this current range. If that happens, it would confirm a wave-two pullback, setting the stage for wave three—typically the strongest and most explosive phase of an Elliott Wave cycle.

Analysts are watching two major upside targets:

1. The value-area high
2. The $2.30 level, a historically strong resistance zone where multiple rallies have previously stalled

Momentum indicators are beginning to show signs of stabilization, though a clear confirmation signal hasn’t appeared yet.

However, if Aster breaks below this support area with a decisive close, the bullish wave structure would be invalidated, and traders would likely wait for fresh accumulation at lower price levels.

Conclusion: Aster Approaches a Critical Turning Point

Aster is standing at a technical crossroads. If buyers defend the current support and a higher low forms, the groundwork will be in place for a renewed bullish wave. But if support fails, the market will need to reset and search for a new base.

Solana is showing its first real signs of a rebound as it retests a major downtrend that has held the price down since late October. If the current momentum continues, analysts say SOL could climb into the $170+ recovery zone—a potential 25% bounce from current levels.
At the time of writing, Solana trades around $137.

SOL Retests the Trendline as a Recovery Pattern Forms

On the 2-hour chart, Solana has been moving in a clear downward structure, forming consistent lower highs and lower lows throughout late November. After hitting a mid-November bottom, the price began pushing upward toward the descending trendline.

This time, the test is different:

• SOL is printing higher lows,
  
• upward momentum is steady,
  
• and price remains securely above recent support levels.
  

Analyst Captain Faibik notes that Solana’s recovery zone sits just above $170. His chart shows a clean potential move from the $135 area into this zone—roughly a 25% rally if the structure holds. The market continues to trade above its recovery base with each swing showing clear technical rhythm.

Another analyst, Daan Crypto Trades, points out that Solana is sitting right on high-timeframe support.
He adds:

“If it can get back above $145, the next target is $155.”

His chart highlights a strong support zone around $130, where buyers previously stepped in. The visible range data also shows heavy market activity between $140 and $165, suggesting SOL is entering a zone that historically attracts attention.

ETF Inflows Strengthen the Bullish Case

Solana’s ETF landscape is also helping support the price.
Spot Solana ETFs saw $58 million in inflows on November 24, marking 20 straight days of gains—the longest streak for any major crypto ETF in 2025. Total inflows now sit at $568 million since the ETFs launched in late October, according to SoSoValue.

Bitwise led the recent push with $39.5 million added, while Franklin Templeton expanded its crypto index fund to include Solana. An SEC filing confirmed the update, which takes effect on December 1, 2025.

The trend continued on November 25, with another $53.08 million in ETF inflows.

Outlook: A +25% Recovery Still in Play

SOL remains above key support levels as it moves toward the $155 resistance area, which analysts see as the next major hurdle. With strong ETF inflows, supportive technical structure, and improving market sentiment, the setup for a move toward $170 and beyond remains intact.

October proved to be another difficult month for Web3 security, with new data from GoPlus Security showing that the crypto ecosystem suffered more than $45.84 million in losses from hacks, scams, and other malicious activity.

According to the on-chain security firm’s latest monthly report, the incidents spanned a wide range of attack types—including protocol exploits, social engineering schemes, phishing attacks, honeypot tokens, rug pulls, and Ponzi operations. In total, 16 major incidents were recorded, each resulting in losses ranging from a few thousand dollars to tens of millions.

Major Incidents: SBI Crypto Hack Leads October Losses

The SBI Crypto hack, which unfolded at the start of the month, was the most significant single event, causing roughly $21 million in losses across multiple assets such as Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash.

An investigation by blockchain analyst ZachXBT and security firm Cyvers suggested possible links to North Korean–affiliated hacking groups. The laundering pattern—funneling funds through Tornado Cash—mirrored tactics historically associated with groups like Lazarus. However, SBI Crypto has not confirmed any attribution.

Garden Finance and Astra Nova Also Hit

Additional major exploits highlighted in the report include:

• Garden Finance: Approximately $10.8 million lost.
  
• Astra Nova: A hack of its official social account triggered a large forced sell-off of its RVV token, leading to losses of about $10.3 million.
  

These incidents underscored continued vulnerabilities across Web3 platforms, particularly those with access control or operational security gaps.

Phishing Attacks Surge, Affecting 11,000 Victims

GoPlus also reported a rise in phishing campaigns throughout October, with estimated losses reaching $3.5 million and impacting more than 11,000 users.

One of the largest incidents involved the trading platform GMGN, where attackers created a convincing third-party phishing site that tricked users into signing malicious transactions. More than 100 users were affected, with total losses exceeding $700,000.

Other notable cases include:

• A trader who lost $325,000 in Coinbase Wrapped BTC after approving a fraudulent “increaseAllowance” request.
  
• Another user who lost $440,000 in multiple assets after unknowingly authorizing a malicious “permit” signature.
  

GoPlus noted that attackers are increasingly using Phishing-as-a-Service (PhaaS) tools and AI-powered site generators, lowering the barrier to launching large-scale phishing operations.

Honeypot Tokens Spike 600%

The report also highlighted an alarming jump in honeypot tokens, which surged 600% month-over-month to 2,189 tokens across several blockchains—including Ethereum, Base, and BNB Smart Chain.

Honeypot tokens are designed to lure buyers in, while embedded smart contract restrictions prevent them from selling or withdrawing funds.

Breakdown by chain:

• BNB Smart Chain: 1,780 honeypot tokens
  
• Ethereum: 216 tokens
  
• Base: 131 tokens
  

Although the increase is significant, it is still well below the extreme spike recorded in June 2025, when the market saw more than 40,000 honeypot tokens deployed in a single month.