James Wynn: Partially Liquidated on SP500 Short

James Wynn suffered his seventh partial liquidation on a 50x #SP500 short this week, leaving him with a remaining 186.68 xyz:SP500 position worth $1.4M and a fresh liquidation price of $7,536.42 after booking $30,695 profit on his prior BTC short. Over the past six months high-leverage traders have repeatedly tested similar macro shorts amid volatile equity and crypto flows. BTC price prediction models now hinge on the 4h chart where price sits at $60,185.51 inside the Bollinger Bands with upper resistance at $60,866.70; the neutral RSI at 53.96 combined with the MACD golden cross suggests limited upside before any test of EMA50 support at $60,403.38, while the distant EMA200 at $65,174.16 continues to act as major resistance. This setup keeps crypto market crash narratives alive as leveraged players rotate from BTC into equity index shorts without clear directional conviction.