SpaceX lowers IPO valuation

SpaceX revised IPO target valuation to $180B, down from $200B, citing investor feedback on losses and capital spending. Expected to list on Nasdaq as SPCX on June 12, 2026.

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Billion Dollar Conviction: Strategy And Bitmine Hold Through Losses

Current unrealized losses:

• Strategy: -$12.27B on 843,700 BTC

• Bitmine: -$10.35B on 5.41M ETH

Despite the drawdowns, neither firm has signaled plans to sell.

Conviction is being tested, but the biggest corporate crypto holders are still holding through volatility.

#SpaceX lowers IPO valuation #Fed delays 2% inflation target #Zcash Orchard Pool vulnerability $BTC

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$LINK Relief Bounce Faces Strong Downtrend Resistance

Trade Setup: Short

Entry Zone: 7.50 – 7.65

TP1: 7.20

TP2: 6.90

TP3: 6.50

SL: 7.90

Price remains below the 200 EMA (8.53) and continues to print lower highs and lower lows. The recent bounce from 7.12 appears to be a temporary relief rally following aggressive selling pressure rather than a confirmed trend reversal. Unless LINK reclaims key resistance levels and the EMA zone, sellers remain in control and further downside remains the higher-probability scenario

#SpaceX lowers IPO valuation #Fed delays 2% inflation target #Zcash Orchard Pool vulnerability

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$ZEC Dead Cat Bounce Signals Opportunity Within Strong Downtrend

Trade Setup: Short

Entry Zone: 370 – 385

TP1: 330

TP2: 280

TP3: 250

SL: 420

Price remains far below the 200 EMA (525.84) after a violent breakdown from the 640 region. The current rebound from 250 appears to be a relief rally driven by short term bargain buying rather than a confirmed trend reversal. As long as ZEC remains below key resistance and the EMA zone, sellers retain control and downside risk remains elevated.

#SpaceX lowers IPO valuation #Fed delays 2% inflation target #Zcash Orchard Pool vulnerability

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$ETH Relief Bounce Fails To Reverse Strong Downtrend

Trade Setup: Short

Entry Zone: 1,600 – 1,630

TP1: 1,540

TP2: 1,480

TP3: 1,420

SL: 1,690

Price remains well below the 200 EMA (1,882.18) and continues to form lower highs and lower lows. The current rebound from 1,540 appears to be a short-term relief bounce after heavy selling pressure rather than a confirmed trend reversal. As long as ETH remains below key resistance and the EMA zone, sellers maintain the advantage

#SpaceX lowers IPO valuation #Fed delays 2% inflation target #Zcash Orchard Pool vulnerability

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$BTC Relief Bounce Fails To Change Dominant Downtrend

Trade Setup: Short

Entry Zone: 61,700 – 62,300

TP1: 60,000

TP2: 58,000

TP3: 55,500

SL: 63,800

Price remains significantly below the 200 EMA (68,368) and continues to respect a strong bearish market structure. The recent bounce from 59,130 appears to be a relief rally after an extended selloff, while lower highs and persistent selling pressure keep the trend firmly in favor of bears. Unless BTC reclaims major resistance levels, momentum favors another leg lower

#SpaceX lowers IPO valuation #Fed delays 2% inflation target #Zcash Orchard Pool vulnerability