A few days ago, ASTER experienced a wave of correction around $0.81, which triggered different opinions in the market. On one side were those who cut losses in time, and on the other side were spectators complaining about the situation. To be honest, scenes like this happen periodically in the market, but a calm analysis often reveals that it is precisely the moment institutions are accumulating.

First, let's talk about the essence of this correction. Many participants initially entered ASTER for two main reasons: either they were attracted by the community hype or they followed the direction of influential figures. Once a 10% pullback occurs, their psychological expectations are shattered. Even if this small loss could be easily recovered in other assets, they still choose to cut their losses. This emotion-driven trading approach is fundamentally inefficient.

My reason for being bullish at this level is actually quite straightforward. The first is the destruction mechanism. Public data shows that the project team has already reduced the circulating supply from 8 billion to 7.922 billion. Some might think that a few tens of millions in burns is insignificant. But in crypto projects, the most important aspect of burns is attitude and sustainability. This move clearly demonstrates the project's commitment to deflation, which is not just marketing hype but a real effort to change the tokenomics.

During periods of market sentiment volatility, projects with solid fundamentals that are being sold off often accumulate the highest quality chips. ASTER's burn cycle is still ongoing, and at this pace, there is room for further imagination. Instead of following the emotional impulse to cut losses, it's better to understand the project's long-term logic.