Doing worse than the market
The total crypto market is −2.3% in 24 hours. SPX is −10%, 7.8% worse than the market, so part of the move is specific to SPX6900.
Why is the crypto market moving? →
why / spx
Why is SPX6900 down today?
SPX6900 (SPX) is down 10% in the last 24 hours, trading at $0.3537. That is 7.8% worse than the whole crypto market (−2.3%), so part of the move is specific to SPX6900. Its sector, Meme, is −3.3% today.
SPX 24h−10.14%
Whole market 24h−2.31%
Bitcoin 24h−2.43%
Link to BTC (30d)0.08
Volume vs normal—
Meme sector−3.35%
signals
What is moving SPX6900
Strongest signals first.
The Meme sector is down
SPX6900 is part of the Meme sector, which is −3.3% today. SPX is moving with its sector.
Meme sector →Moving on its own, not with Bitcoin
Over the last 30 days, SPX's daily moves had a 0.08 correlation with Bitcoin (1 means identical direction). That is low: SPX has mostly moved on its own lately, while Bitcoin is −2.4% today.
Bitcoin price →Weak month
SPX is −3.2% this week and −16% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of SPX positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring SPX6900
faq
Questions
Why is SPX6900 down today?
SPX6900 (SPX) is down 10% in the last 24 hours, trading at $0.3537. That is 7.8% worse than the whole crypto market (−2.3%), so part of the move is specific to SPX6900. Its sector, Meme, is −3.3% today.
Will SPX6900 go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: SPX is −3.22% over 7 days and −15.59% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, SPX's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.