$SPCX 24 hours down 4.27%, current price 146.73. The funding rate has dropped to zero, and the long and short sides are temporarily balanced, but the price is still slowly drifting lower, suggesting that selling pressure is mild yet persistent.
This isn’t a panic sell-off; it’s more like position holders are rotating, waiting for direction. Trading volume over the past 24 hours exceeded 1.4 billion, and OI is still at 2.31 million contracts. Liquidity isn’t bad, but during one-way declines, it can easily force long positions into passive liquidations.
If it breaks below 145, I’ll add short positions with 3x leverage, stop loss at 151, and take profit at 143. Position sizing will stay within 10%. This kind of slow grind-down is the easiest to “boil the frog” in a warm bath.
Trading tag: #TradFi #链上美股 #SPCX
Where do you think this assessment is most likely to be wrong?
This isn’t a panic sell-off; it’s more like position holders are rotating, waiting for direction. Trading volume over the past 24 hours exceeded 1.4 billion, and OI is still at 2.31 million contracts. Liquidity isn’t bad, but during one-way declines, it can easily force long positions into passive liquidations.
If it breaks below 145, I’ll add short positions with 3x leverage, stop loss at 151, and take profit at 143. Position sizing will stay within 10%. This kind of slow grind-down is the easiest to “boil the frog” in a warm bath.
Trading tag: #TradFi #链上美股 #SPCX
Where do you think this assessment is most likely to be wrong?