SPX6900 Hits New Highs Heres Why Smart Money Could Push It Higher

SPX6900 reached a new high of $1.85 before slightly decreasing to $1.79. Data indicates that large, experienced investors ('smart money') have increased their holdings of SPX by 8.33% in the last month, adding over 213,000 tokens valued at around $383,000. Simultaneously, the amount of SPX held on exchanges has decreased by more than 17%, suggesting less selling pressure. The number of individual SPX wallets has also increased, reaching over 43,700, indicating growing interest from a wider range of investors. If SPX can maintain above $1.85, the next target is $2.09. Key support levels to watch in case of a price drop are $1.67 and $1.49. A significant drop below $0.92 would indicate a reversal of the positive trend.