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🚨 $SPCX Prints a New Low at $107.01 $SPCX has fallen to a fresh low of $107.01, but I'm not convinced this marks the final bottom. The trend so far: 📉 $225 → $134 → $117 → $107 The next area I'm watching is $85–$100. Here's why I'm staying patient: 🔹 Share Unlock: Around 911 million shares are scheduled to unlock on August 6, potentially increasing the tradable supply. 🔹 High Short Interest: Bearish positioning remains elevated, suggesting many traders are still expecting further downside. 🔹 Weak Price Reaction: Recent positive developments haven't triggered a sustained rally, indicating selling pressure continues to outweigh demand. The market still appears to be working through its post-IPO adjustment. My approach: 📍 Accumulation Zone: $85–$100 Rather than chasing every bounce, I'd rather wait for selling pressure to ease and let the market establish a stronger base before building a long-term position. Patience often creates better opportunities than reacting to every move. #FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss $BTC $ETH $SNDK