ETH Trader: Flips $17M April Gain Into $25M Loss

@bubblemaps highlighted an ETH trader who booked $17M longing ETH in April only to go long again days later and finish down $25M.

Price sits at $1616.87 testing the EMA50 support at $1608.77 inside a bullish trend while the EMA200 at $1757.81 caps upside; MACD golden cross at 2.12 keeps momentum intact yet RSI at 56.12 shows no overbought pressure as the pair trades inside the Bollinger band with upper resistance at $1627.72 and lower support at $1549.33, suggesting a measured retest of the 50-EMA before any extension higher.