- Aster begins trading on Coinbase today under ASTER-USD, opening doors for U.S. liquidity.
- Derivatives activity shows rising long interest and over 15K short liquidations.
- Strong technical structure above $1.22 and the 20-day EMA supports a potential breakout.
Aster officially begins trading on Coinbase today under the ASTER-USD pair, and the timing could not be better for the project. Trading will activate at 9 AM PT or later, once liquidity conditions are met. With access to U.S. retail traders and institutional flows, the listing has the potential to unlock a meaningful wave of fresh liquidity — something that often acts as a catalyst for newly listed assets.
Derivatives Markets Are Flashing Bullish Signals
Ahead of the listing, Aster has spent the past month building momentum on exchanges like OKX, where derivatives data now shows a noticeable shift in trader behavior. Funding rates jumped 0.015%, signaling strong demand for long positions as traders position early for potential volatility.
Even more telling, net short liquidations surpassed 15,000 in the hours leading into the Coinbase debut. Bears being forced out typically marks a transition phase in market structure, and if buying continues to mount, upward pressure can accelerate quickly — especially once U.S. volume enters the picture.
Technicals Show a Strong Market Structure
Technically, Aster is holding above a key demand zone around $1.22, a level that aligns with an ascending trendline that has acted as support for weeks.
The price also sits comfortably above the 20-day EMA, reinforcing bullish structure and signaling that the market continues to absorb sell pressure without breaking trend.
If the Coinbase listing injects the expected liquidity, ASTER could attempt a fresh rally from these levels, especially if long positioning continues to build.
What To Watch in the First Hours of Trading
The first few hours after the listing will be critical. If buy volume surges out of the gate — a pattern seen in multiple past Coinbase listings — Aster could enter a momentum-driven breakout fueled by ongoing liquidations and aggressive long positioning.
If the opposite happens and liquidity arrives unevenly, the market may consolidate before choosing direction. For now, all eyes remain on whether today’s debut will confirm the bullish expectations forming across technical and derivatives markets.
