Decoding the Tape: The Levels That Matter

$SPY $BTC $CIFR $GLXY $IREN

$SPY (1D)

Bullish vs. Bearish Path Ahead — A Technical Breakdown of $SPY’s Next Major Move

The market is sitting at a pivotal inflection point, and the chart gives us two very clean paths from here. Both scenarios hinge on how price behaves around the major moving averages and whether momentum can shift back in favor of the bulls — or whether the current trend deterioration continues into a deeper pullback.

Below is the full technical breakdown of both sides, written clearly so you can map your next steps with confidence.