$SPCX Humanity’s hope to retail traders’ despair🤡

Before it listed, SPCX was loaded with too much expectation from the market. Money and sentiment pushed the price up to high levels for a while, and many people treated it as a new story and a new opportunity.

But after it listed, reality completely flipped. As the hype died down, capital started to withdraw, and the price fell day by day. What had once been pursued and celebrated has now turned into widespread questioning. As of yesterday, its market cap had already evaporated by one trillion in market cap, and market sentiment went straight from frenzy to an all-time low.

However, Lao Lin believes that after a crash, you shouldn’t look at just how bad things were in the past—you should look at whether there will be an opportunity to reprice in the future.

Now, the biggest problem with SPCX isn’t the size of the drop—it’s confidence. The earlier rally relied on expectations, and any subsequent recovery will also require new catalysts. If the project can deliver tangible progress later on and thereby re-attract capital and attention, then low-priced holdings would have room for renewed speculation.

Of course, the market won’t necessarily rise just because it fell a lot, and a low price doesn’t equal value. What’s happening more right now is betting on a chance for a “sentiment rebound,” not simply trying to catch the bottom.

From a frenzy of tens of thousands chasing it to nobody paying attention—this is the market’s cruelest lesson. But many major bull moves also tend to start again out of despair.

Lao Lin will continue to observe whether SPCX can reignite the market afterward. Aren’t you going to follow Lao Lin? If you don’t, are you planning to wait until later to slap your own thigh? 🚀
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