6.25 Noon SPCX Market Analysis - Shiyuan's View

On the 4-hour cycle, there was a sharp decline in the early period, with the high point dropping from 181 all the way down to a low of 146, currently at 154, now in a low-level consolidation and recovery phase. The overall bearish structure has not reversed, the rebound strength is weak, only a slight bounce after an oversold condition, with the high point continuously moving lower.

Resistance: 158, 163
Support: 146, 143

Trading suggestions:
1. For short-term rebound, short at 157-158 under pressure, stop loss above 160, target 150-147.
2. For long positions, do not aggressively buy the bottom; wait until a firm hold above 158 and a bullish 4-hour candle, then lightly test longs targeting around 162.
Maintain light positions throughout and strictly set stop losses for all trades! $BTC $SPCX