Machi: Opens 25x ETH Long After Liquidation

The sudden market crash liquidated Machi again yet the trader immediately opened a new 25x long on 1,825 ETH valued at $3.87M with a fresh liquidation price of $2,086.69.

Price action now tests the lower Bollinger Band support at $2,115.08 while RSI at 22.55 flashes deep oversold readings and the MACD death cross remains intact beneath the EMA50 resistance at $2,243.78; institutional desks watch for a short-covering bounce toward the $2,292 upper band before any sustained move lower in the current bearish structure.