$SPCX 24 hours falls 3.69% to 147.48, trading volume $1.537 billion. The funding rate returns to zero, with open interest at 2.134 million shares.
There is a lack of clear top headlines in the global news mix, and U.S.-stock-related assets have entered a vacuum period. The funding rate at zero suggests that long and short forces are temporarily balanced, but the continued decline in price indicates that selling pressure comes from actual sell orders rather than a leveraged squeeze. Open interest has not shown any major change, meaning the existing capital has not withdrawn—buyers are simply hesitant.
In this kind of structure, rallies lack catalysts. If there is no major news in the U.S. premarket, the price may test 145. The counterargument is a sudden positive catalyst—such as a large tech earnings report exceeding expectations—which could quickly pull the price back to 150.
I currently will not go long. Only if the price holds above 150 and the open interest rises would it be a long signal. Otherwise, under 148 I would try a small short position, with a strict stop loss set at 150.5.
Trading tag: #TradFi #链上美股 #SPCX
Where do you think this setup is most likely to be wrong?
There is a lack of clear top headlines in the global news mix, and U.S.-stock-related assets have entered a vacuum period. The funding rate at zero suggests that long and short forces are temporarily balanced, but the continued decline in price indicates that selling pressure comes from actual sell orders rather than a leveraged squeeze. Open interest has not shown any major change, meaning the existing capital has not withdrawn—buyers are simply hesitant.
In this kind of structure, rallies lack catalysts. If there is no major news in the U.S. premarket, the price may test 145. The counterargument is a sudden positive catalyst—such as a large tech earnings report exceeding expectations—which could quickly pull the price back to 150.
I currently will not go long. Only if the price holds above 150 and the open interest rises would it be a long signal. Otherwise, under 148 I would try a small short position, with a strict stop loss set at 150.5.
Trading tag: #TradFi #链上美股 #SPCX
Where do you think this setup is most likely to be wrong?