
Post
ilham_BNB
🚀 $SPCX has officially opened.
Wishing all the bulls good luck. 🍀
I’m still stuck in my short from $110, but I’m not in a hurry.
I also bought 1,000 shares spot at $164, and I’m still waiting to break even.
Honestly, even if SPCX reaches $170, I’d be happy — at least the spot position could get back to breakeven.
Then I could use the released capital to add margin to the short.
My liquidation level is around $400.
So for now, I’m simply waiting to see how the market develops.
📊 SPCX is currently fluctuating around $130.
Some people might think this is simply a battle for chips.
I don't think so.
It’s turnover.
The market doesn’t feel nearly as aggressive as it did earlier.
Previously, the pattern was more like:
📉 Sharp dump at the open
📈 Slow recovery
📉 Another heavy sell-off
Now?
It’s mostly hovering around the IPO price.
And that raises the bigger question:
Who is this price level really serving?
Early investors and IPO buyers, of course.
If the price stays attractive enough, more buyers may continue entering — only for selling pressure to appear again later.
So I’m not chasing either direction here.
I’m watching the price structure, turnover, and who is actually using this liquidity to exit. 👀
#SPCX #IPO #Stocks #Trading #星舰发射 #解禁
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