Lookonchain: $13.74M BTC Short Liquidated on Rebound

Lookonchain flagged a $BTC short liquidated for 174.86 BTC ($13.74M) during the rebound.

BTC trades at $78159.83 inside the Bollinger band on the 4h chart with lower support at $78063.07 and upper resistance at $82506.67. The EMA50 at $80680.86 and EMA200 at $81595.01 sit above price, locking in the bearish structure confirmed by the MACD death cross at -486.95. RSI at 37.01 shows neutral momentum. Price hugging the lower band while both EMAs act as overhead resistance points to limited upside until a close above the 50-EMA clears the path.