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From the highest drop from 700% to 160%—how about $SPCX ? Today when I posted, someone asked whether it’s possible to short. They also asked me how much to short. I told them I added at 139. If you follow this momentum, you’ve already started making profits and earning money. For this time, the 130 level probably won’t hold either—it may drop to around 120. The unlocked shares still have sell orders on the market. The price has fallen a lot. Tomorrow is Friday, and it’s also the last week of trading days. Personally, I have a hunch that this sell-off might reach the 126–128 range. As for how it will move at tomorrow’s open—what will happen? The current heat around SPCX has cooled down quite a bit. Many people want to get even more of those cheap shares #spcx .
My friends who follow me all know: My $SPCX position. It went short from 110 up to 149, then fell to the current 135. Today I shorted again at 139.3, bringing the average price down to 121. SPCX hasn't opened yet—it's already hit 135 in pre-market and is testing the IPO price. Today is also the second time shares are unlocked, which will flow into the market. Maybe the panic is intensifying, causing the pre-market to drop like this. There’s about 1 hour left until the market opens. If SPCX drops 10% today, then the price will be 124. After two straight days of decline, by the end of Friday it’ll be right into Saturday and Sunday when the market consolidates. The crypto market is still heating up—people who are playing coins are starting to sell SPCX and move into crypto #spcx .
Someone asked me whether $SPCX can drop to 100 My answer is: it’s not a probability issue—it’s a time issue Right now, as a new stock, SPCX’s market cap is still too high Even if the technology is impressive, an overestimated market cap means an excessively large bubble Once the market gets trapped by capital and retail investors rush in, it will trigger a sharp drop A healthy stock should go through a low point—not by talk alone Competition brings pressure, which in turn drives technological innovation If SPCX could be pulled up just by Musk’s words Then control would just come from the capital around Musk In that case, going to space would be nothing but fantasy—it would be better to count on China #spcx
$SPCX Tonight will usher in the second unlocking. This time, 319 million shares will be unlocked, accounting for 2.4% of the total share capital. Previously, on the 8.6th, 912 million shares were already unlocked. During the first unlocking, in coordination with the earnings report, the market initially rose and then fell. Before the earnings report, the price rose from 120 to 140; after the unlocking, it fell from 140 back to around 120. Today’s second unlocking has no earnings-report pull to support the rally. Some liquidity has shifted to the crypto market, and US stocks have stopped falling. However, SPCX’s pre-market still drifts downward. If this time there isn’t additional positive news to pull the stock up, then after unlocking, the price action is likely to continue probing lower. If it breaks below 135 today, the next unlocking will be coming soon: #spcx ,
Down from $225 to $105, then rebound to $140: SPCX’s real test is only just beginning
01|China’s reusable rocket is really catching up At 7:35 on the morning of August 19, Zhuque-3 Y2, launched by iSpace (Blue Arrow Aerospace), took off. This time, it’s not just a successful launch. After the second stage successfully placed the satellite into its planned orbit, the first stage continued its return and performed a soft landing at the landing site in Gansu. This is also the first time China has achieved landing of a rocket’s first stage at orbit-class capability. A few key data points: Zhuque-3 Rocket height: about 66.1 meters Distance from the first-stage recovery location to the launch site: about 390 kilometers Designed reuse count: 20 times Low Earth orbit payload capacity: about 14.2 tons
The rewards that were originally scheduled to be postponed until August 30 were sent today. Let’s see how much you all received: $WLFI ? #WLFI
区块财经说
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Bullish
This project’s scope is really too small. $WLFI has brought in quite a lot too, but still no rewards. Originally, the distribution date was: August 16. Now it’s been pushed directly to August 30—what’s going on? Do we have to let the project make money first, while we users can’t earn? Push it again on August 30, all the way to September 30. With WLFI collapsing, the rewards will be cut in half—#WLFI
Major breakthrough: China’s Zhuque-3 rocket completes recovery That means the pressure of $SPCX in the space race is starting to ease This time, China’s recovery is also a land-based recovery and was completed successfully Why will SPCX’s price drop in the short term? Because OpenAI and Claude will go public via IPO—some people will bet on it They’ll sell part of their SPCX shares and instead buy AI stocks This isn’t alarmism; it’s certain. Why? Right now, SPCX’s hype isn’t as loud as the IPO back then With new IPOs coming as well, you can imagine how participation will look For the IPO price of SPCX135, many people have already started making profits So isn’t it normal to use the money from those profits to invest in a new IPO?#spcx
$SPCX It’s honestly beyond words Right now, the US stock market is broadly falling, yet it doesn’t fall—against the tide What happened before, when it dropped from 225 to 105, was purely man-made manipulation Now, in a market where everything is broadly down, it doesn’t decline—so it’s not “hard luck” or anything This is a stock that’s 100% manipulated, playing with investors When everyone thinks that the lock-up release won’t drop, and the US market drops but it doesn’t—then it hits you with a huge one, straight down in one go Once things are about the same, I won’t be doing SPCX anymore; it’s just disgusting Market-manipulating behavior like this will eventually backfire one day Tomorrow is the 20th, and the next batch of unlocked shares will flow into the market If you think it can still rise, go long—be #spcx
$SPCX has already started leading the decline—what now? U.S. stock index has been falling for 3 straight trading days. It’s only Monday today, and many concept stocks’ declines are already quite large. Yesterday it didn’t push up—didn’t break through 150—so today it’s down to around 139. Mainly because trading has only been open for 4 minutes; the downward momentum is too strong. Plus there will be a release/lock-up expiration on the 20th—this will fall even more. If at this moment there is also news about SPCX, the selloff will intensify further. This time the price action will determine whether the rebound has ended: strong support at 150. The IPO price is 135—there’s still a need for it to drop another 3–4 points to break directly below. The overall trend is irreversible; it’s the same now too. Go short: #spacex .
Are people who go long $SPCX curious? Why did it drop? From 139 to 149—just 150 away from the final step The answer is simple: U.S. stocks started broad sell-offs—not just SPCX. The Nasdaq, S&P, and Dow indexes have all fallen for 2 consecutive trading days. That’s why, in pre-market, SPCX can drop back to its original position. When it fell from 149 to 143, how many long-position SPCX accounts got liquidated? But looking at the data, you have to admit that in the short term, the longs are still the majority. If the U.S. market keeps falling tonight at the open, then SPCX will be dragged down as well—testing 135. This is the trend. What happens when the AI sector’s heat cools down? #spcx
$SPCX Yesterday I kept trying to break through 150 Unfortunately I didn’t succeed. Now pre-market is down to around 143 The Nasdaq index has turned from positive to negative—many US stocks are starting to fall For SPCX, if it doesn’t hold above 150, then it will drop to around 140 It will go to 135 to continue testing the IPO price at 135—many people are expecting that Now the trend has changed. If the AI sector cools down, then the sell-off in SanDisk Bags will be severe A bunch of people, when SPCX was rising, showed off a load of celebrity holdings So tell me—why didn’t they buy when it fell to 105? They just prefer buying chips around 130, right? Treating people like fools Even if some of them bought at very low prices, they didn’t say anything before—now they’re talking Can you be sure this isn’t a carefully orchestrated market? If it really is, then you don’t even need to play—just wait for them to draw the lines.#spcx
$SPCX Before the close it was 140, now 143. After open, 11 minutes in According to SPCX’s previous behavior, it will first fake out and then crash hard. 140 is a strong support level. If it breaks, the decline will continue. It will test 135—the IPO price. If 135 breaks, it could go to around 120. On the 20th, 7% of the shares will be unlocked + continuous unlocking through September. There will definitely be sell orders flowing into the market. As for whether it will crash hard—that depends on the data from the 20th. SPCX is very “weird.” It doesn’t follow normal playbooks. It lures longs again and traps another batch of long-side traders. Right now, at this level, it keeps blowing up both the long side and the short side. Once the hype cools down and holders start to get scared, that’s when the hard drop will begin #spcx
All cryptocurrencies are basically doomed Bitcoin’s daily trading volume is only 1 billion Ethereum’s daily trading volume is around 500 million The US stock market hasn’t opened yet, and the pre-market trading volume for $SPCX is already 1 billion After the market opens, the daily trading volume is 4–5 billion Right now, all the money is flowing into the stock market—everyone isn’t playing crypto anymore #spcx
This project’s scope is really too small. $WLFI has brought in quite a lot too, but still no rewards. Originally, the distribution date was: August 16. Now it’s been pushed directly to August 30—what’s going on? Do we have to let the project make money first, while we users can’t earn? Push it again on August 30, all the way to September 30. With WLFI collapsing, the rewards will be cut in half—#WLFI
$SNDK You guess what happened to last week's data? That's right! It rose for a week straight—on the 13th, it jumped 13% in one day. Even the lowest day's gain was still 2%. So what about this week? Wall Street upgraded its rating + the AI storage narrative is strengthening the hype and momentum continuing. But there isn't a stock that keeps going up forever—there will be a reasonable pullback. SanDisk is really too strong—this week's 2000-point level is very likely to break through. In the AI sector, both SanDisk and Micron could continue to break out. JPMorgan upgraded SanDisk from neutral to Buy/Overweight. Target price given: 2250. It’s expected that in August it may reach #sndk .
$SPCX Just created a new record—launched in 38 minutes. Musk also reposted this message, so that proves it’s real! In the space race, China is also constantly catching up. Once China’s technology keeps breaking through, then SPCX will crash hard. Right now, in the pre-market it’s already up to around 143—trying to trick retail investors into going long. It has happened many times before: pre-market pumps, then after-hours dumps. SPCX’s earnings reports should be viewed with suspicion. In just over two months, it went from 135–225 down to 225–105. It’s basically a roller coaster—if things are like this, then seeing it below 100 isn’t impossible either. Can good news really lift the stock price? Do you still believe in SPCX? #spcx
I’ve seen many people start analyzing the trend of $SPCX . You can’t use conventional indicators to analyze the trend of SPCX. Why? Because it literally doesn’t play by the rules. When others get good news, they surge—but it doesn’t. When there’s bad news, it’s the one that leads with a plunge. Today is Monday. At 21:30 tonight, the US stock market opens—new week starts. And now SPCX’s pre-market trend is just like many previous weekends: it’s a little up before the open, then it crashes right at the open. This week, on the 20th, the 7% unlocked shares will flow into the market. You can’t say it has no impact. It still doesn’t follow the usual playbook. Earlier, when 20% was unlocked, it dropped and then rebounded—so this time, with 7%, will it continue? You can only wait and see—#spcx
$SNDK and $SPCX contracts for the two stocks, don't make them lightly It seems that Korean Sandisk doesn't have a top. Everywhere in Korea people are just trading stocks. Not long ago, a bunch of people who dropped went bust, collapsed in panic. Now these past few days, once it spikes up, it's up 40%—people get carried away. Sandisk’s market value isn’t any lower than SPCX; good news really is what makes it rally. And SPCX’s valuation has now fallen from 3 trillion to 1.7 trillion. This is the real capital meat grinder—retail investors are the ones taking the bag at the high end, piling in. In the short term, the market is extremely volatile. If you have no capital and no margin, then it’s unbearable. Just casually driving spikes really will make your heart hurt. If Sandisk next week keeps rising for another week, many people will go to play with it. Then many mainstream US stocks and Korean stocks won’t have much liquidity #sndk