June 16, Tuesday SPCX Midday Outlook


As of June 16, 2026, SPCX (SpaceX) continues its strong momentum, with the night session briefly surging to $214, and the total market value surpassing $2.8 trillion. The company has exercised its over-allotment option, increasing the total fundraising to $86.2 billion, setting a new global IPO record. On-chain data shows intense bullish and bearish battles: a whale has added a 10x leveraged long position above $210, with unrealized gains exceeding $2.1 million; another address opened a short near $173, with unrealized losses expanding to $4.46 million, with a liquidation price at $249. Technically, the 1-hour K-line broke above the upper Bollinger Band, and MACD continues to expand, but the 4-hour RSI reached 85.66, entering a severely overbought zone. SPCX is highly volatile; it is recommended to strictly control positions and avoid heavy bets.
Operation suggestion: wait for a pullback to 170-180 to buy, target 220-230
If not broken, reverse position and go long $BTC $ETH $SOL
BTC1.34%
ETH3.82%
SOL4.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned