James Wynn: Liquidated on Hyperliquid BTC Flip

James Wynn closed his BTC long right before the bounce on Hyperliquid then flipped short only to suffer full liquidation, handing back every dollar earned from his previous two trades.

With BTC trading at $63642.87 inside the Bollinger Bands, price tested upper resistance at $64016.13 while the 50-EMA at $65535.46 capped upside and the 200-EMA at $72635.77 defined the broader bearish structure; neutral RSI at 52.6 combined with the MACD golden cross at -860.88 suggests a healthy retracement toward the 50-EMA support before any sustained continuation, a setup that repeatedly punishes over-leveraged flips like Wynn’s under standard Hyperliquid BTC perpetuals liquidation mechanics.