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7. This is why I didn't trust the $SPCX pump. It moved from 110 toward 130, looked bullish, attracted buyers, and then gave almost everything back. Now we're sitting near 110 again. The first unlock is coming at 9:30 tonight. Will all 910M shares be sold? Obviously not necessarily. But what happens if 100–200M shares are sold into this market? A move toward 100–105 wouldn't be surprising. Fear creates panic, but panic also attracts bottom-fishers. Still, the unlock schedule matters. August isn't the end—September brings additional supply pressure. 8. $SPCX traders need to watch the unlock, not the hype. The early pump was a warning sign. It attracted buyers near the highs, then price reversed back to 110. I entered around 110 and watched the position run to 130 before returning to the entry zone. Tonight at 9:30, the first unlock arrives. The 910M figure sounds massive, but unlocking doesn't equal selling. However, if 100–200M shares enter the market, $SPCX could quickly revisit 100–105. That's where we may see serious bottom-fishing. But until the August and September unlocks are absorbed, I'm not assuming the downside is finished. 9. Morning pump: bullish breakout? Not so fast. $SPCX pumped, attracted entries, and then dropped straight back toward 110. Exactly why I called it a potential bull trap earlier. I entered at 110, saw 130, and now we're back to square one. The first unlock happens at 9:30 tonight. The market doesn't need to absorb all 910M shares to move lower. If 100–200M shares are sold around current levels, 100–105 could come quickly. Panic will create sellers. But panic will also create buyers hunting for the bottom. And remember, there are still more unlocks coming in August and September.