Posteo

🚨 $SPCX just printed a fresh low at $107.01. I'm not convinced this is the final bottom. So far, the trend has been a series of lower lows: 📉 $225 → $134 → $117 → $107 The next area on my radar sits around $85. Why I'm staying patient: • Aug. 6 unlock: Roughly 911M shares are expected to unlock, significantly increasing the available float and potentially adding more selling pressure. • Short interest remains elevated: Many traders are still positioned for additional downside, suggesting bearish sentiment hasn't fully cleared. • Positive news hasn't sparked a sustained rally: That's a sign sellers are still in control despite improving headlines. To me, the market is still digesting the post-IPO supply overhang. My approach 📍 Accumulation zone: $85–$100 I'd rather wait for the selling pressure to ease than rush into a position. Long-term opportunities often appear after forced selling has largely run its course—not during it. If I decide to start accumulating $SPCX, I'll share it here first. Stay patient. Let the market come to you. #FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss $BTC $ETH