$ASTER The more I watch this range, the more it feels like the market is trying to fix the same imbalance that caused the collapse from $2.40 to $0.41.

That entire move was heavily overleveraged. Every bounce attracted FOMO longs expecting $4.0 every dip got aggressively bought, and shorts kept piling in during weakness. That kind of positioning is what usually turns a normal selloff into a liquidation cascade.
Now it seems like the market is preventing one side from becoming too crowded again. Breakout longs keep getting faded back into the range, while late shorts continue getting squeezed upward.
Messy on the surface, but structurally it makes sense.
Market makers usually focus on two things inside larger ranges:
1. Building liquidity
2. Clearing overcrowded positioning
The longer this range keeps trapping both sides, the more leverage gets wiped out, and the cleaner the overall structure becomes for a healthier move later on.
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