# Spx

#SPX already broke out of the Distribution range📉
#NDX is next😏
#crypto

Hello everyone.
Oil prices are moving higher again, with US crude approaching the $87 level. Rising energy costs tend to tighten financial conditions and can put pressure on risk assets.
As a result, both #SPX and #BTC are drifting back toward key support zones — around 6700 for SPX and $62K for Bitcoin. These levels are important for short-term stability. If they fail to hold, momentum could shift lower across broader markets.
For now, oil remains one of the variables to watch. A move toward $90 would likely increase inflation concerns and could keep pressure on equities and crypto sentiment.