Wow Bitcoin + Ethereum pulled pretty extreme recoveries. Looks like $HOOD / $COIN / Crypto is back? On-chain equities trading + regulator exemptions probably put a lot of fuel into the fire for the sector. That aside... crypto is usually a great indicator for high-beta AI equities believe it or not (they tend to frontrun broader market drops or rallies). So overall market risk appetite might be coming back despite the rate hikes.
$SPCX is a brand-new ticker with very limited data, but the daily chart already gives a rough sense of the near-term direction. Most newly listed high-profile names take years to fully recover and establish a sustainable uptrend after their initial post-IPO volatility. We’ve seen this pattern play out with $COIN, $HOOD, $PLTR, $SOFI, and others. I’m not saying SPCX will necessarily follow the exact same path, but the historical pattern is worth keeping in mind.
$COIN (June 25, 2026-weekly chart) My weekly chart spans from the week of September 22, 2023, to June 25, 2026. $140 has been the critical support zone ever since, and we’ll see if this support zone can continue to hold in the coming weeks for $COIN. @cantonmeow @matthughes13 @chad_ventures @gabz_investing
$COIN at 0.618 log Fibonacci level for the 100th time https://t.co/9TN4YlxgWI
Well, looks like it’s that time of the year again for $COIN, $HOOD, $CRCL and co. So much for a “friendly administration” and “strategic reserve” if they’re trying to ram through Bank Lobbied Clarity Act bills… To ban any form of innovation or competition against banks, with things like yields. And nuking liquidity as they go (but strengthens the USD) Valuations do seem compelling again if you’re swing trading.