According to CoinMeta, based on early monitoring of in, SPCX experienced a surge and subsequent decline overnight yesterday. At 17:18, a pro update warned that there were significant selling orders pressing down on the price; the key resistance level was at $118. At 17:40, the “pro club” group further indicated that the short-term trend was strong, and if the price could break through the range of $117.2 to $118, there was a chance to reach above $120. Indeed, a large selling order at $117.2 was eventually executed for $2.8292 million, but the selling pressure was absorbed by active buying, and the price soon broke through, reaching a high of $130.66. However, a second signal appeared quickly at higher levels: the footprint chart recorded consecutive declines of -158.89k and -192.40k, indicating that the selling pressure was being released intensively. As a result, the price rapidly fell back to $114.07, confirming the effectiveness of the support level at $114.6. In the short term, it is necessary to continue to monitor changes in the footprint chart: if the positive delta trend continues and drives the price through, there will be a basis for a sustained rebound; if the negative delta trend strengthens again and breaks below the support level, the weak trend will not end yet.