SPCX, don’t look anymore—the longs already ran. The main force crushed the market and actively sold, forcing the buy orders into the ground until there’s not a single bit of dignity left. The buyers didn’t even manage a decent counterattack. The open interest looks artificially inflated, but the funding rate is near zero—meaning nobody is willing to pay interest to go long. They’re all here to “mess around.” You think the sideways movement is base-building, but in reality the market maker is distributing. It’s been too torturous, but the chance of a head-cut is high—better to leave first.