#数字货币市场回调 Those who understood this move fell silent.

To be honest, the recent trend of $ASTER is quite interesting. CZ invested 2 million USD in real money to support it, and the community discussions are heating up, but the price? It's barely budged.

This matter feels strange.

Let's talk about why it became popular— the DEX sector itself is a hot topic, and when you add the concept of L3 chains, just these two tags are enough to sustain interest for a while. Not to mention the trading volume once surged to 1.5 billion USD in a single day, and the number of users exploded by 330,000. The data is indeed impressive.

But as beautiful as it is, the price of the coin just won't rise. Why?

The answer lies in the chips. The initial circulation of $ASTER is already quite large, with airdrops, node rewards, and project unlocks creating a triple pressure, resulting in a dense area of trapped positions above. Does the main force want to push up? They must first digest these chips cleanly. Additionally, there's the unlocking of 200 million tokens on the 15th; the market has long been anticipating this expectation, who would dare to chase high at this time?

The project party is indeed repurchasing and destroying tokens, having burned a total of 155 million. Sounds like a lot? Compared to the total supply of 8 billion, this amount really makes no impact.

Is there still a show behind that? I think there is, but we have to wait.

The current trend is clearly in the accumulation phase at the bottom, with the main force controlling the market and causing fluctuations to wear people down. The real turning point may come after September next year—at that time, token releases will switch to a daily small linear model, significantly reducing selling pressure. Furthermore, the recent outflow speed of funds from exchanges is slowing down, indicating that panic selling has decreased, though buying power is still not strong enough.

Another key point: we have to look at $BTC's mood. If the market doesn't move, it doesn't matter how many stories altcoins have.

So $ASTER is currently enduring, waiting to get through the unlocking pressure and until the market warms up. It's not that the main players don't want to push it up, it's just that the timing isn't right. The longer the consolidation period, the more explosive the breakout may be later — provided you can withstand this period of hardship.

For those holding positions, it is recommended to pay more attention to the changes in the release rhythm after September, as that will be the real turning point.