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Recently, the supply-side changes of STRK are worth paying attention to. Starknet released a large amount of tokens into the market today, and this scale will have a certain impact on short-term liquidity.
I looked at the market, and STRK is fluctuating around the $0.04 level, with quite a bit of volatility. From a technical perspective, the RSI is around 45, indicating that although there is selling pressure, it has not fully entered oversold territory. The key is whether it can hold the $0.030 line; if it can't, the rebound structure earlier could be broken.
Honestly, this release is a test for STRK in the short term. However, if it can absorb this supply, it might actually serve as a confirmation signal. Now, it all depends on the performance in the next few days.