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# SpaceXPlunges16%MarketCapErodes400B
That is an incredibly dramatic turn of events for SpaceX ($SPCX), and you have captured the intense market reaction perfectly.
Just days after pulling off the largest initial public offering (IPO) in global history on June 12, 2026, the market has undergone a massive reality check. The shift from a historic $75+ billion stock launch to a sudden multi-billion dollar debt offering has completely reset investor expectations.
Here is a breakdown of the key elements driving this historic market movement:
💢The Real Numbers Behind the Drop
While the sell-off ha
SPCX0.64%
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$ID Signal: Negative fee rate short squeeze setup · 1H pullback to go long
$ID Funding rate -0.1786% extreme negative value, short-term selling pressure is digested and buying resumes. 1H MACD green bars narrow, price retraces to EMA20 (0.0371) exactly within the order zone. 4H Bollinger middle band at 0.0314 acts as distant support, current correction depth is limited.
🎯Direction: Long
⚡Entry/Order: 0.0369787 - 0.0370900
🛑Stop loss: 0.0367191
🚀Target 1: 0.0376463
🚀Target 2: 0.0379245
🛡️Trade management: - Execute strategy: Reduce 50% of position after reaching Target 1, and
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Honestly, this market really tests people. 📉👀
A few days ago in the afternoon, $DOT was still fluctuating at high levels, many people thought it might continue to surge. I watched for a while and only felt that the resistance above was too obvious, and the volume didn't keep up, it was very虚 (weak/illusory).
As a result, today when it broke out, DOT gave the answer directly. 🚨 I took a short position around 1.28, and the judgment was very simple at the time: the rebound couldn't hold, the support was weak, and with no buyers on the way up, it was easy to slide down.
Now seeing 0.934, +1918
DOT-2.09%
BTC-0.43%
ETH-0.54%
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June 23, 2026, 10:09 AM BTC/ETH/XAU/US Stocks Analysis
That night, a loot of 324 million dollars, 85,667 people went bankrupt and reset to zero!
The recent market ups and downs have switched quickly, so trading plans require patience.
The market can change three times in a day, so position management is essential.
This way, you can add to positions when needed, cut losses when necessary, and take profits when appropriate;
BTC support/resistance levels are 70,000/67,135/60,000/57,500.
For spot trading, consider entering at any price below 62,000 with 30% of your position,
holding
ETH-0.53%
XAU-0.98%
BTC-0.41%
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wclrambo:
Just charge forward 👊
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Btc Is Pumping . Whats next lets go .
gate liveLIVE
703
live-coin
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Crypto Community — Analysis for June 23, 2026
Bearish factors are gradually playing out, and a large-scale rebound is expected. If the 3-day moving average can close with a bullish candle, the bullish trend will be more confirmed. The daily chart has not yet stabilized to break through; multiple entries should be made in batches. In the short term, without major news impacts, focus on the overall energy. If it stabilizes above 1760 and breaks through, the daily bullish trend will start to strengthen.
That day: 4-hour chart shows a gradual bullish trend, with a correction mainly in a bullis
ETH-0.53%
BTC-0.41%
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It's been a long time since I've seen such a needle insertion.
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XRP and Shiba Inu Pull in Opposite Directions as Dogecoin Chases Zeros - - #liquidation #shib #xrp
XRP-0.66%
SHIB-1.00%
DOGE-1.52%
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🚨 BOT 9: Active 15m upside momentum
Would you enter after a move like this, or wait for a retest?
Symbol: $DEXEUSDTDirection: LONGTimeframe: 15mScan period: last 24 hours
What the bot looks for:movement greater than 20% from the 24h low or high, while current price remains within 5% of the move extreme.
24h low: 13.48High after low: 23.487Move from 24h low: +74.24%Current close: 22.536Distance from high: 4.05%
Signal step: 70%Previous posted step: 60%Next repeat only after another 10% step.
The move is still active because price is within the allowed distance from the high.
Bot is in test mod
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#MyGateTradeStory Risk Management & Discipline Insight
"Judged the market right but still lost money – classic mistake! Saw a strong uptrend in BTC, entered with good timing on Gate Futures. +15% floating profit, but greed kicked in. No partial take-profit, held for more... then a sudden wick took it all back. Lesson learned the expensive way. 📉
Now my rules are strict:
Max 5-10% portfolio per trade
Always scale out profits
Use Gate's advanced charts and alerts
This changed my entire approach from gambler to strategic trader. Market judgments improve only when paired with iron discipline. Gat
BTC-0.43%
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Yunna:
DYOR 🤓
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BTC prediction
gate liveLIVE
1,154
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Yesterday the strategy was to buy the dip, brothers. Today's strategy is below #ETH行情分析 #ETH今日策略
June 23 Morning Strategy:
1. Main force conservative short: short around 1770, stop loss at 1785; first take profit at 1752; second take profit at 1716, move the core position to break-even, risk for long-term hold at 1505;
2. Aggressive short: light short around 1755, stop loss at 1780, first take profit at 1717, second take profit at 1676, move the core position to break-even, risk for long-term hold at 1505;
3. Conservative long: light long around 1715, stop loss at 1708, first take profit at 1
ETH-0.54%
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$KO : IRS tax dispute escalates to appeals court
Sentiment: Negative
Coca-Cola took its transfer-pricing dispute with the IRS to a federal appeals court, with an estimated $20B in taxes at stake per Fox Business. Insight: prolonged tax litigation can create an overhang on valuation and capital allocation, with outcomes hard to handicap until court rulings narrow scenarios.
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Others wake up and go to work, I wake up and collect rice, the difference has always been about choices. $BTC $ETH $SOL
BTC-0.43%
ETH-0.54%
SOL-2.76%
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$SOL Signal】1H MACD Bearish Divergence, Short Orders Placed
$SOL RSI 1H drops to 35.89, MACD histogram -0.2099 continues to expand, buying depth imbalance -2.76%. The 4H Bollinger lower band at 70.06 is open, price is near the lower edge, bearish momentum has not yet exhausted.
🎯Direction: short
⚡Entry/Order: 71.6444 - 71.8600
🛑Stop Loss: 72.5786
🚀Target 1: 70.7821
🚀Target 2: 70.2432
🛡️Trade Management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
Curre
SOL-2.73%
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#MyGateTradeStory Many people share their winning trades, but the transaction that changed my perception was actually a painful loss.
Early in my crypto journey, I became overconfident after a series of successful trades. I believed I had mastered the market. Every trade seemed easy, and every prediction felt correct.
Then I encountered a highly speculative token that was trending everywhere. Influencers promoted it, traders celebrated it, and social media was flooded with success stories. Without conducting proper research, I invested a significant portion of my portfolio.
For a brief moment,
TOKEN-0.27%
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ThisIsTranslateContent::
Steadfast HODL💎
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$SOL is showing strength after the liquidity sweep. Structure remains controlled above the reaction zone.
EP 71.40 - 71.55
TP TP1 72.04 TP2 73.13 TP3 74.96
SL 71.32
Liquidity was taken near the local low, and price reacted back into structure. Holding this zone keeps control clean, while reclaiming the short-term range opens continuation toward the next liquidity levels.
Let’s go $SOL
SOL-2.73%
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埃及不朽的艺术,即使EGY的灵魂
用爱感受EGY.
Love is the one thing we’re capable of perceiving that transcends time and space
We hold a steadfast conviction that love is the cornerstone of human society, a timeless subject that remains ever-relevant. As society evolves, there's an apparent paradox of progress leading to increased feelings of isolation, and authentic emotional connections becoming more fragile and rare. Our contemplation has always circled around what, besides history, has the power to immortalize emotions across the sands of time. It is with the advent of AI and blockchain technology that we've
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EGY
EGYEgypt
MC:$198.37KHolders:1169
100.00%
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To earn some breakfast money for everyone, brothers.
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Local time June 22, SpaceX (SPCX) stock closed at $154.60, down 16.43% for the day, evaporating approximately $400 billion in market value. This is the third consecutive trading day decline for the stock, with a cumulative drop of over 23% since June 17, and a total market cap loss of more than $600 billion. SPCX's stock price not only fell below the IPO first-day closing price of $160.95 but also retreated more than 30% from the intraday high of $225.64 set on June 16. Is this plunge a short-term emotional release or a reassessment of valuation logic? Why did debt issuance become the fuse for
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GateInstantTrends
Why is SpaceX down so much? SPCX drops below its IPO first-day closing price, with a $400 billion market value wiped out
On June 22 local time, SpaceX (SPCX) stock closed at $154.6, with a daily drop of 16.43%, and its market capitalization was wiped out by about $400 billion. This is the stock’s third consecutive day of decline. Since June 17, the cumulative drop has exceeded 23%, and cumulative market-cap erosion has been more than $600 billion. SPCX’s share price not only fell below the $160.95 IPO first-day closing price, but also pulled back more than 30% from the $225.64 all-time intraday high set on June 16
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ThisIsTranslateContent::
Just charge forward 👊
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