#SPCX Large net inflow hangs at zero—this isn’t waiting and watching; it’s because nobody wants to take it. Over the past five candles, not a single one has been red. Even the main forces have skipped testing the market. Looking at the futures order book, active selling pressure is almost four times the buy orders. In one night, the share of short-term buy orders shrank by more than seventy percent. If spot isn’t moving in and the futures are being dumped, then when a pullback comes there’s no buy-side support to catch it—so it’s easy for things to turn into divergence later on. $X is the next support level; if it’s lost, this won’t be just an ordinary range-bound consolidation.
