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SPK showed signs of selling pressure after yesterday's rebound, and the short-selling window has opened.
Yesterday, SPK experienced a 1.92% 24-hour price increase, but key technical signals have now reversed. The funding rate shifted from positive to negative, which typically indicates that major funds are positioning for a short. This corresponds to a clear selling pressure. After hovering at high levels for several hours, the price has begun to show a continuous downward trend, and support levels are being gradually broken. Currently, SPK is trading around $0.02, and technical patterns indicate a short-selling opportunity is emerging. Seizing this window promptly is crucial for current trading.