Jason60704294 Boosts Short Exposure by $80 Million to Bitcoin and Ethereum
Jason60704294 has added nearly $80 million in short exposure to Bitcoin and Ethereum. The trader currently holds a $139M BTC short opened at $76,397.56 and a $30M ETH short at $2,371.57 with a stop at $80,500.
The latest trades have resulted in a realized loss of $1.015 million for the trader. Bitcoin's price currently stands at $78,331.75, riding above its EMA50 support of $68,667.66 within the Bollinger band. However, it faces resistance from the upper-band at $81,305.4.
The Relative Strength Index (RSI) has printed 93.4, indicating overbought momentum that often precedes a pullback to the 50-EMA before any fresh continuation higher.