BTC: 0xff84 Trims Short to 1,143 BTC at $73.97M

BTC ticked higher and forced the largest of four major shorts, 0xff84, to trim its position from 1,793 BTC ($114.4M) to 1,143 BTC ($73.97M) to dodge liquidation, with the new threshold now at $64,461.

Price sits at $63,975.47 inside the Bollinger Bands on the 4h chart, testing toward the upper band resistance at $65,545.88 while the EMA50 at $64,315.17 and EMA200 at $63,743.95 frame the bearish structure; with MACD at -214.2 confirming the death cross and RSI at 44.91 still neutral, the move higher has already pressured the oversized short book and leaves room for a quick retracement toward the $64,315.17 EMA50 before any sustained continuation.