Aster Addresses Demand for Trading Privacy with 'Shield Mode' Update
Launch of Shield Mode: Aster DEX has introduced Shield Mode, allowing users to execute high-leverage trades (up to 1,001x) on Bitcoin and Ether without revealing their positions, alongside a promotional period waiving gas and trading fees until December 31.
Privacy in Trading: The new feature aims to address transparency issues in decentralized finance (DeFi) that lead to vulnerabilities like maximal extractable value (MEV) attacks, providing traders with isolated margin for risk control and zero slippage.
Market Positioning: Aster DEX has recently surpassed Hyperliquid in perpetual trading volume, with over $4.95 billion in the last 24 hours, and is working on additional privacy features and a Flexible Fee Model to enhance user experience.
Future of Privacy in Crypto: Aster's focus on privacy reflects a broader trend in DeFi, recognizing that excessive transparency can hinder trading efficiency, and aligns with the growing demand for privacy solutions in the cryptocurrency space.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36140.792 | 48070.396 | 60410.812 | 72340.416 | 84680.832 | 96610.436 | 108950.852 |
| Fibonacci | 48070.396 | 57341.544 | 63069.268 | 72340.416 | 81611.564 | 87339.288 | 96610.436 |
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