Supply Is the Real Test
The first major $SPCX unlock landed—and the market didn’t panic.
Instead, price pushed from around $108 to $140.
That’s impressive, but I think there’s a bigger story underneath the chart.
The first wave of selling was absorbed. Good.
But the unlock schedule isn’t over.
More tokens are expected to enter circulation over the coming months, giving early holders more opportunities to take profit if price keeps pushing higher.
So personally, I’m not chasing the current move.
A token can rally after an unlock. We’ve just seen it happen.
The harder question is:
Can demand continue absorbing the incoming supply?
That’s where I’m cautious.
If demand starts weakening while unlock-related selling continues, we could see a much deeper retracement.
For me, the $80–$95 area remains an interesting zone to watch.
Not a prediction. Not financial advice.
Just watching supply, demand, and price action do their thing. 👀
#SPCX #crypto #Binance #Altcoins
The first major $SPCX unlock landed—and the market didn’t panic.
Instead, price pushed from around $108 to $140.
That’s impressive, but I think there’s a bigger story underneath the chart.
The first wave of selling was absorbed. Good.
But the unlock schedule isn’t over.
More tokens are expected to enter circulation over the coming months, giving early holders more opportunities to take profit if price keeps pushing higher.
So personally, I’m not chasing the current move.
A token can rally after an unlock. We’ve just seen it happen.
The harder question is:
Can demand continue absorbing the incoming supply?
That’s where I’m cautious.
If demand starts weakening while unlock-related selling continues, we could see a much deeper retracement.
For me, the $80–$95 area remains an interesting zone to watch.
Not a prediction. Not financial advice.
Just watching supply, demand, and price action do their thing. 👀
#SPCX #crypto #Binance #Altcoins