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Aster and Zcash Record Double-Digit Gains As Bitcoin Loses Critical Support

Zcash shield illuminated in the foreground, blurred BTC chart and Astar node UI.

In a day marked by financial turbulence where Bitcoin has pierced the psychological level of $90,000, assets Aster and Zcash have emerged as bullish anomalies. These tokens are defying the generalized correction of the cryptocurrency market.

Market journalist and analyst Anas Hassan highlights that these assets show unusual relative strength. Their momentum is driven by strategic moves from large investors and solid fundamental narratives. The resilience of Aster and Zcash offers a temporary shelter for traders. Hard market data reveals a fascinating divergence between the fall of market leaders and the performance of these two assets. Aster is trading around $1.38, firmly maintaining the key support of $1.20.

Furthermore, it is recording trading volumes close to one billion dollars in 24 hours. The momentum behind this perpetuals-focused DEX token is reinforced by on-chain activity. Data from LookOnChain confirms that a whale identified as “0x6834” has increased their long position. This large investor recently deposited one million USDC to increase their holding.

The total position reaches 2.3 million ASTER tokens, valued at $2.86 million. This denotes unwavering bullish conviction despite the adverse macroeconomic environment. On the other hand, Zcash has starred in an astonishing monthly rally of 124%, trading near $580. Its ascent is fueled by renewed attention on privacy and institutional accumulation.

However, ZEC’s situation is tense due to aggressive positioning in the derivatives market. Data from Arkham Intelligence points out that a trader has opened a massive short position of $22.3 million. The trader is betting on a price reversal. The battle between institutional demand and short sellers defines the current volatility. Influential figures like Cameron Winklevoss reiterate the asset’s fundamental value.

The context of these movements is critical to understanding the magnitude of the achievement of Aster and Zcash. The general market is suffering because Bitcoin has formed a technical “death cross” on its daily chart.This formation has erased much of the gains accumulated in 2025. Additionally, capital outflows from spot Bitcoin ETFs have touched one billion dollars.

This exacerbates extreme fear among retail investors. In this scenario, the ability of Aster and Zcash to attract liquidity is notable. It demonstrates that certain market niches can decouple from Bitcoin’s main trend. This is not just a price movement.

It is a validation that investors are discerning value in specific Defi and privacy protocols. This happens regardless of general sentiment.

Can These Altcoins Sustain Their Upward Trajectory in the Face of Bitcoin’s Collapse?

The implications of this divergence are profound for short and medium-term traders. For Aster, the breakout of the $1.29 level is key. The increase in futures open interest suggests that the asset could seek new highs. Technical targets are set at $1.5990.

This would occur if the “golden cross” on its moving averages is confirmed. However, for Zcash, the scenario is more complex. The existence of large short positions could trigger a short squeeze if the price rebounds strongly. This would force bears to liquidate.

This would propel the value even higher. Investors must closely watch if external selling pressure eventually spreads to these resilient assets. They must also observe whether they will manage to maintain their independence. Although the general landscape remains bleak, the behavior of Aster and Zcash offers a ray of hope.

Analysts like Ted Pillows are looking for liquidity floors for Ethereum at $3,400. The continuation of this trend will depend largely on the whales. They must continue to defend their long positions. It will also be vital whether the privacy narrative continues to attract institutional capital.

Thus, the market enters a decisive phase where individual asset selection takes precedence over passive investment in general indices.

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