🔥 I'm insomnia!! I'm insomnia!!

Completely insomnia😷!!!!!!

My head is dizzy!!!

Took a look at $SPCX ‌ ,

Wow,

This script is more exciting than Elon Musk's rockets! 🚀

Last night, they were still bragging that SpaceX secured investment-grade ratings of Moody's Baa1, Fitch BBB+, and S&P BBB, and the traditional financial circles were praising it—"Financial stability!"

Turning around, the market immediately shows a wave of "rating upgrades are all bad news," and the SPCX correction looks nerve-wracking.

📉 What happened?

Last night, SPCX plunged to a low of 172.88, dropping nearly 20 points from the high of 212 after listing.

Basically, it surged too fast after IPO, and profit-taking was ruthless. Plus, SpaceX plans to issue at least $20 billion in bonds to refinance bridge loans, and the market is starting to worry about short-term liquidity pressure.

Interestingly, rating agencies gave face, and analysts dared to give face—Arete directly set a target price of $401, implying the current price could double.

But on the other hand, Freedom Capital Markets says the fair value is only $63. The divergence between bulls and bears is so huge—who's right and who's wrong?

💡 A few details worth watching:

· SPCX contract trading volume once surged to $3.3 billion, surpassing $ETH ‌ , second only to $BTC ‌ , the heat is real

· But the 4-hour trading volume suddenly skyrocketed to 5.35 times the average—such volume spikes either mean accumulation at the bottom or institutions are running, judge for yourself

· Kalshi's annual revenue exceeded $2 billion and entered IPO negotiations, the IPO track is still heating up

📌 Let's be practical:

For such highly volatile pre-market and after-hours assets, liquidity is a double-edged sword—rising fast, falling even faster. When bulls and bears are deeply divided, the worst thing is to envy others making money and chase in. No one questions SpaceX's fundamentals, but even the best company's stock price won't only go up and never down.

Follow me, keep an eye on the market, and wait for the next signal. 👀
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