SPCX 1-hour chart urgent breakdown: $170 key level, are the big players secretly accumulating? Retail investors are still hesitating "whether to chase the high," while smart money has already increased their positions to the tens of millions of dollars near $170.

Technical analysis: standing above the BOLL upper band, MACD just formed a golden cross on the 1-hour chart. SPCX's current price is $170.23, closely following the BOLL upper band, with the midline at 166.18 providing strong support.
This is a typical strong consolidation pattern—price refuses to fall, indicating someone is supporting it.
What is smart money doing?
Whales have already taken action, with an average long opening price of 159.85, floating profit over $3 million, profit ratio 83.56%.
Shorts have an average opening price of 161.12, already trapped for $5.26 million—short sellers are bleeding.
Even more aggressive, at 8 a.m. this morning, a whale bought in with $17.33 million, doubling their long position on SPCX, with floating profit of $670k.
This is not retail behavior; the fastest money is signaling its stance.
Additionally, U.S. space concept stocks are collectively surging—Virgin Galactic up 34% in two days, DXYZ up 9%—funds are rushing ahead of tonight’s official listing at 21:30.
My personal opinion: aggressive traders can buy long near the current price of 170, targeting 180→190→200.
The reason is simple: the IPO price was 135, now at 170, a 26% increase, still room to grow considering the 1.77 trillion valuation.
In 15 days, the 7 billion passive buy orders haven't arrived yet; the real gains are still ahead.
Smart money and whales are adding positions around 170—what are you afraid of?
Remember: on the IPO night, don’t get shaken out. #SpaceX认购规模超2500亿美元 $SPCX