#SPCX is approaching another scheduled unlock around Friday, adding more shares to the pool that can potentially trade. Recent reporting shows SpaceX has several staggered unlocks, with a large tranche already released in August and another release expected around Aug. 20–21. The interesting part is that an unlock does not automatically equal a dump. After the earlier release of roughly 911.5M shares, SPCX actually rebounded as selling pressure appeared lighter than feared. Meanwhile, $BTC is around $69,389 and $LIT around $2.861, suggesting the broader risk environment is still important. If BTC remains firm, SPCX could potentially absorb additional supply better; if market sentiment weakens, the unlock could amplify volatility. For me, the key signals are volume, support levels and how quickly sellers are absorbed rather than assuming the unlock direction in advance. I notice the SPCX-USDT perpetual is also available on BingX, making the upcoming reaction one worth monitoring closely. Are you expecting SPCX to hold through the unlock, or do you think the extra supply creates short-term selling pressure?
#BTC Price Analysis# #Bitcoin #BTC