Machi: Opens Fresh 25x ETH Long After 7 Liquidations

Machi suffered seven more liquidations in two days before opening a fresh 25x long on 400 ETH worth $744K, setting his new liquidation level at $1,834.01.

Price sits at $1861.21 beneath both the EMA50 at $2010.61 and EMA200 at $2147.3 inside a sustained bearish structure, while RSI at 20.76 signals deep oversold conditions and MACD at -34.83 confirms the death cross; with price already probing the lower Bollinger support at $1876.5, any bounce attempt faces immediate resistance at the upper band of $2081.95 before a potential retest of the 50-EMA confluence zone.