Tonight's historical IPO #SpaceX史上最大IPO上市 is undoubtedly a big deal, likely a pump, and it could even trigger a small upward movement across the entire crypto scene. However, it might be more like a dead cat bounce. The liquidity in the crypto market is getting squeezed, so going in to short right away is definitely not wise. The buy orders are over 4x, and at the open, you won't be able to sell immediately. The launch price is 135, with a contract price around 180, so it’s highly likely we’ll see it gravitate towards the contract price. We'll have to wait and see for about a month to determine if we can short, especially with $BTC coins to catch the bottom on spot trades. For contracts, the focus should remain on shorting. Trying to long a dead cat bounce in contracts isn’t a smart move; there’s significant resistance around 645/65. Overall, a pullback from 80k to 60k isn't too outrageous and hasn’t broken any patterns yet; we still need a bigger bearish catalyst to really shake things up.