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$SPACE Today’s move actually makes it easy to be fooled just by looking at the price.
Open at 0.0081, peak at 0.011, now back to 0.0075.
Just looking at the price seems like a wasted effort, but if you check the trading volume, you'll find something interesting.
The real high point at 0.011 actually didn’t see many trades; most people chasing in bought between 0.009 and 0.010, not at the top.
And the densest trading zone throughout the day was around the opening price, about 0.008.
In other words, most people who entered today are at a cost basis around this level.
Now the price has dropped to 0.0075, breaking below the majority’s cost line.
Those with a cost basis between 0.008 and 0.009 are showing unrealized losses of about 5 to 15 points, hesitating whether to cut or hold.
Lower-cost holders or those who just bought near 0.0075 are temporarily break-even or slightly profitable, but they’re also waiting for direction.
This kind of structure isn’t actually that bad.
There’s no huge trapped wall above—because there aren’t many people above 0.01, so pulling it back up isn’t very difficult.
The key is whether SPACE can regain above 0.008 within the next day.
If it can, it shows the funds entered today haven’t dispersed, and there’s still a chance to try higher.
If not, then 0.0075 isn’t the bottom; the next support might be around 0.0065.
Finally, honestly, this kind of coin that spikes at open and then falls back to where it started is the most frustrating.
It won’t wipe you out overnight, but it will make you hesitate repeatedly—“Should I sell or hold?”
If you still hold some, it’s best to set a clear bottom line, like 0.007.
Once it hits that, execute without hesitation. Don’t second-guess yourself.
One $SPACE isn’t worth losing sleep over!$BTC #美国寻求战略比特币储备