Lookonchain: Trader Liquidated Ninth Time on TRUMP Short

Lookonchain flagged a trader who endured eight liquidations on BTC positions, shedding 201 BTC valued at $15.6 million during the market decline, only to pivot into a 2.25 million TRUMP short worth $2.68 million and face complete liquidation shortly thereafter.

Bitcoin trades at $76191.19 inside its Bollinger Bands with lower support at $74645.27, while the bearish EMA structure places concrete resistance at the EMA50 of $78475.07 and EMA200 of $80744.66. The MACD death cross at -267.9 confirms persistent downside pressure even as the neutral RSI at 38.0 suggests the move has not yet reached exhaustion.