SPX6900 (SPX) has surged 7% in the past 24 hours, reflecting a broader market recovery. Technical analysis on the 4-hour chart reveals the formation of a Bearish Cypher harmonic pattern, suggesting a potential bullish move towards the $0.6894–$0.7555 range. The cryptocurrency has rebounded above the 100-day moving average at $0.5616, indicating strengthening bullish momentum. Despite the positive outlook, analysts caution that a failure to maintain levels above $0.53 could result in a pullback or consolidation. Traders are advised to watch these key levels closely as the market evolves.