That retail trader who made 1.7 million by trading on AMD and Nvidia ended up losing it all on $SPCX —so what happens next?
When the most emotional traders repeatedly lose money on SpaceX, it often signals a bottom.
News: Canadian retail trader AkshaySapra made C$1.7 million from AMD and Nvidia, then bet on SpaceX. He first went long and lost C$200,000, then reversed to short and lost another C$150,000—over C$350,000 in losses in a week. This kind of “lost on the long and also lost on the short” trader gets shaken out one way and then another, which precisely indicates that the shares are concentrating.
Technical analysis: Three RSI lines hover around 50–49, building momentum near the 50 midline—a typical pre-breakout sign. Price is consolidating at 140.5–141; the MACD histogram is about to flip positive, and the short-term moving averages are turning up. 143–145 above is a dense liquidation zone for shorts; a breakout would trigger a short squeeze.
On-chain data: 138 long whales hold 48.18M, average cost 140.24, with an unrealized profit of about 110k and a profit ratio of 56.52%. 109 short positions hold 33.53M, average cost 135.7, with an unrealized loss of 1.16M and a profit ratio of 49.54%. Shorts are currently carrying a 1.16M unrealized loss and not exiting; their cost is still $5 lower than the current price. They could be forced to cut losses at any moment.
My take: When the story of a retail trader losing everything spreads across the entire internet, it’s often the bottom. 140 is the golden pit.
Trading strategy:
Aggressive: Go long around the current price of 140.5.
Conservative: Buy on a pullback to 139–140.
When that retail trader’s story goes viral, SpaceX’s float is shifting from weak hands to strong hands. Keep an eye on Tang Seng—see you in the chat! #英国首发加密资产应税收益统计
When the most emotional traders repeatedly lose money on SpaceX, it often signals a bottom.
News: Canadian retail trader AkshaySapra made C$1.7 million from AMD and Nvidia, then bet on SpaceX. He first went long and lost C$200,000, then reversed to short and lost another C$150,000—over C$350,000 in losses in a week. This kind of “lost on the long and also lost on the short” trader gets shaken out one way and then another, which precisely indicates that the shares are concentrating.
Technical analysis: Three RSI lines hover around 50–49, building momentum near the 50 midline—a typical pre-breakout sign. Price is consolidating at 140.5–141; the MACD histogram is about to flip positive, and the short-term moving averages are turning up. 143–145 above is a dense liquidation zone for shorts; a breakout would trigger a short squeeze.
On-chain data: 138 long whales hold 48.18M, average cost 140.24, with an unrealized profit of about 110k and a profit ratio of 56.52%. 109 short positions hold 33.53M, average cost 135.7, with an unrealized loss of 1.16M and a profit ratio of 49.54%. Shorts are currently carrying a 1.16M unrealized loss and not exiting; their cost is still $5 lower than the current price. They could be forced to cut losses at any moment.
My take: When the story of a retail trader losing everything spreads across the entire internet, it’s often the bottom. 140 is the golden pit.
Trading strategy:
Aggressive: Go long around the current price of 140.5.
Conservative: Buy on a pullback to 139–140.
When that retail trader’s story goes viral, SpaceX’s float is shifting from weak hands to strong hands. Keep an eye on Tang Seng—see you in the chat! #英国首发加密资产应税收益统计
