ETH Trader: Flips to $64M Long After $471K Short Loss

Trader 0x914b lost $471K shorting 14,976 ETH worth $40.97M before flipping bullish with a 25x long on 23,734 ETH worth $64.3M and $2,650 liquidation.

Price at $2,713.58 sits above the 50-EMA support at $2,691.25 and the 200-EMA at $2,582.52 while MACD registers a bullish golden cross at 5.68 and RSI holds neutral at 55.25 inside the Bollinger band with upper resistance at $2,743.09. The position risks liquidation near the lower band at $2,657.24 if volatility spikes downward.