ASTER: Summary of discussions in the CoinAnk Chinese discussion group (12:00:10 ~ 13:00:10)

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[Analysis and Material Extraction] ASTER spot price remained stable at $0.556, while contract price was close to $0.5559. The price showed no change in the past hour and a slight decrease of 0.59% in the past four hours, indicating a stabilizing short-term price trend. [src: @ASTER/CoinAnk Chinese Discussion Group, 2026-02-07 12:17:03/#2121045; ref: window] ASTER's total 24-hour trading volume reached 457 million, with total open interest of approximately 317 million. Open interest increased by 13.21% in the past 24 hours, but decreased slightly by 0.32% in the past hour, reflecting an overall increase in market activity but a short-term pullback. [src: @ASTER/CoinAnk Chinese Discussion Group, 2026-02-07 12:17:03/#2121045; ref: window] ASTER's long/short ratio is 1.7693, indicating that the number of long positions significantly exceeds the number of short positions, suggesting a bullish sentiment among market participants, which may drive the price to maintain or rebound. [src: @ASTER/CoinAnk Chinese Discussion Group, 2026-02-07 12:17:03/#2121045; ref: window] Currently, ASTER's market capitalization is approximately $1.373 billion, with a circulating supply of 2.476 billion. Combined with changes in trading volume and open interest, this indicates that market funds maintain a certain level of attention and trading activity towards ASTER. [src: @ASTER/CoinAnk Chinese Discussion Group, 2026-02-07 12:17:03/#2121045; ref: window] The funding rate remains at 0.0002%, a low level, suggesting that funding costs in the contract market are not high, which may attract more leveraged traders to trade ASTER contracts. [src: @ASTER/CoinAnk Chinese Discussion Group, 2026-02-07 12:17:03/#2121045; ref: window]

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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