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.

SEOUL, South Korea / BANGKOK, Thailand, November 27, 2025 — Today, WEMIX, the leading blockchain ecosystem combining over two decades of gaming giant WEMADE’s AAA game development success with a proprietary Layer-1 mainnet, announced it is expanding into the Thai market by listing its native token (WEMIX) on Bitkub Exchange, the country’s largest cryptocurrency exchange. WEMIX will be available to trade on Bitkub from December 1, 2025.

This listing is expected to significantly enhance WEMIX’s liquidity in Thailand and maximize synergy with one of WEMIX PLAY’s — WEMADE’s flagship blockchain gaming platform and part of the WEMIX ecosystem — most anticipated titles, Legend of YMIR, by offering special benefits to local players of the game.

Bitkub Exchange is undisputedly the largest Centralized Exchange (CEX) in Thailand, boasting over 70 per cent of the local market share. Founded in Bangkok in 2018, Bitkub achieved explosive growth by 2021 and, notably, enjoys high credibility in the region having been officially licensed and regulated by the Thai authorities.

Bitkub Exchange’s support for trading pairs with the Thai legal tender, THB (Thai Baht), ensures high liquidity. This feature is expected to positively contribute to the expansion and localization of the WEMIX ecosystem within the Thai region.

Atthakrit Chimplapibul, Co-founder and CEO of Bitkub Exchange, said: “Bitkub Exchange, as the leading Thai digital assets exchange regulated by the Thai SEC, remains steadfast in its commitment to effective investor education. This collaboration with a partner like WEMIX will drive greater adoption as well as secure investments in digital assets.”

To celebrate the exchange listing, WEMIX will be conducting large-scale marketing activities in collaboration with local specialized marketing firms. The detailed campaign will focus on user acquisition and engagement through multifaceted efforts, including a WEMIX Airdrop event, as well as campaigns leveraging Key Opinion Leaders (KOLs) and local media. Bitkub Academy, the educational arm, will also support the promotion and use cases of WEMIX.

Shane Kim, CEO, WEMIX, added: “The listing on Thailand’s number one exchange is expected to provide substantial, tangible benefits not only to WEMIX users but also to the Legend of YMIR gaming community in Thailand, thereby boosting game engagement and marketing synergy in the region. We will continue to pursue listings on major exchanges worldwide to strengthen WEMIX’s global liquidity and serve our global community.”

The Bitkub listing coincides with a special promotional event for the local launch of Legend of YMIR, setting the stage for providing unique benefits to Thai users.

For media enquiries, please contact: pr@wemix.com

About WEMIX:

WEMIX is a leading blockchain ecosystem for gaming and digital economies, powered by its highly scalable, EVM-compatible Layer-1 mainnet, WEMIX3.0. With a wide range of integrated services—including NFTs, DeFi, stablecoin payments, and tokenized in-game assets—WEMIX enables seamless integration between gameplay and real-world value. Designed to be transparent, sustainable, and developer-friendly, WEMIX serves as the foundation for the global Web3 gaming ecosystem.

For more information, please visit https://wemix.com/.

About WEMADE:

WEMADE is the only company combining over two decades of AAA game development success with a fully operational, game-proven blockchain ecosystem—built entirely on its proprietary Layer-1 mainnet, WEMIX3.0. Known for global hits such as The Legend of Mir, MIR4, NIGHT CROWS and Legend of YMIR, WEMADE is leading the industry in seamlessly integrating gameplay, tokenomics, NFTs, stablecoin payments, and blockchain infrastructure. Through WEMIX PLAY, WEMADE delivers a unified digital economy where players, creators, and investors can own, trade, and benefit from digital assets—powering the next generation of interactive entertainment and driving the evolution of Web3 gaming.

For more information, please visit https://wemade.com/.

About WEMIXPLAY:

WEMIX PLAY is the world’s leading blockchain gaming platform, offering one of the most diverse portfolios of blockchain-powered games globally, with more than 35 titles. The platform integrates NFTs, tokenomics, payment systems, webshops, an NFT marketplace, and community features—creating a unified ecosystem where players can truly own, trade, and benefit from digital assets. As the flagship of the WEMIX ecosystem, WEMIX PLAY delivers a seamless, immersive gaming experience—empowering players, creators, and investors to participate in decentralized digital economies and shaping the future of interactive entertainment.

For more information, please visit https://wemixplay.com/.

About Bitkub Exchange :

Bitkub Exchange is the largest digital asset exchange in Thailand by trading volume, it operates under the supervision of the Securities and Exchange Commission (SEC) and holds a valid digital asset business license from the Ministry of Finance.

For more information, please visit https://www.bitkub.com/en.

About Bitkub Academy :

Bitkub Academy is a company focused towards providing education and knowledge related to the field of blockchain, digital assets, and the social changes brought about by digital technology. The efforts are displayed through various initiatives to grant knowledge and opportunities to adapt to new changes in the Digital Disruption era, ultimately revolutionizing all sectors of society through blockchain and decentralized finance.

For more information, please visit https://www.bitkubacademy.com/en.

If you’re a MERL holder or an active trader on Bithumb, here’s an important update you don’t want to miss.
South Korea’s top crypto exchange, Bithumb, has paused all MERL deposits and withdrawals as of 4:55 a.m. UTC today. This temporary suspension is part of a planned network upgrade for Merlin Chain, and while it may disrupt activity in the short term, it’s ultimately geared toward strengthening the ecosystem.

Why Did Bithumb Pause MERL Activity?

This suspension is directly tied to Merlin Chain’s ongoing network upgrade—a critical step that enhances the blockchain’s performance, security, and overall functionality.

Pausing deposits and withdrawals during upgrades helps ensure:

• A smooth and error-free transition
• Protection of user funds
• Prevention of failed or stuck transactions
• Proper integration of new features and improvements

In other words, this is Bithumb making sure everything updates safely and cleanly.

How Does This Affect MERL Users on Bithumb?

Here’s what the temporary suspension means for you:

• Deposits: Not allowed during the upgrade
• Withdrawals: Also unavailable until the upgrade is complete
• Trading: Still fully functional—you can trade MERL as usual
• Your MERL Holdings: Safe and unaffected in your Bithumb wallet

So while you can’t move tokens in or out, you can continue trading them on the exchange without any interruptions.

When Will MERL Services Return to Normal?

Bithumb hasn’t shared an exact completion time yet. Network upgrades can take anywhere from a few hours to a few days, depending on the complexity.

To stay updated, keep an eye on Bithumb’s:

• Official website
• Social media channels
• Email alerts
• Mobile app notifications

They’ll announce the moment the upgrade—and the suspension—has officially wrapped up.

Why Network Upgrades Are Good News for MERL Holders

Although temporary service pauses can be inconvenient, they typically lead to meaningful improvements. This upgrade is expected to boost:

• Transaction speed and efficiency
• Security against exploits and vulnerabilities
• Scalability for future growth
• Overall functionality and ecosystem reliability

Long-term, these upgrades are designed to make MERL stronger, more secure, and more capable of handling increased demand.

Tips for MERL Traders During the Suspension

While deposits and withdrawals are on hold, traders can still make the most of this time:

• Keep an eye on MERL price movements
• Plan your next trades in advance
• Read up on what this network upgrade includes
• Adjust your trading strategies if needed
• Watch for the official announcement on service resumption

This pause highlights Bithumb’s commitment to secure, reliable operations—and shows strong coordination between the exchange and the Merlin Chain development team.

Frequently Asked Questions

How long will the suspension last?
No exact timeline yet. Upgrades usually take several hours to several days. Bithumb will announce when everything is back online.

Can I still trade MERL?
Yes. Trading is unaffected—only deposits and withdrawals are paused.

Are my MERL tokens safe?
Absolutely. Your tokens remain securely in your Bithumb wallet throughout the suspension.

Why do exchanges pause services during upgrades?
To prevent errors, protect user funds, and ensure the network upgrade integrates smoothly.

Will this affect MERL’s price?
Short-term fluctuations are possible, but upgrades often support long-term value by improving the network.

How will I know when services resume?
Keep an eye on Bithumb’s announcements via their website, social media, app notifications, and email.