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📊 $SPCX : THE NEXT FEW WEEKS COULD BE CRITICAL $SPCX enters the new week with limited weekend movement, continuing the consolidation pattern seen in recent sessions. The key technical and positioning level remains around 165, which is reportedly close to the average entry price of short sellers. If the stock fails to revisit that area over the next few weeks, short positioning could become increasingly uncomfortable. That said, not every short position carries the same risk. Traders who entered at significantly higher levels may already be sitting on substantial unrealized gains, giving them room to take partial profits without immediately abandoning the trade. From a trading perspective, $SPCX remains a challenging environment for short-term strategies due to its extreme volatility and difficult execution conditions. The next major catalyst could be the expected ~3% share unlock toward the end of August. For shorts initiated around 110, the next 1–2 weeks—and especially the late-August unlock window—could be important. Ultimately, the market needs to answer one question: Is this a genuine breakout with sustainable demand, or are major holders using higher prices as an opportunity to distribute? The price action over the coming weeks may provide the answer. #SpaceXShortCovering #AIMemorySelloffEases #BTCETHETFInflowsReturn