Machi: Partially Liquidated on 25x ETH Long
Machi partially liquidated on 25x ETH, now holds 2200 ETH long just $22 from next liquidation as price tests $1972 support.
SourceAnalysis
Machi suffered another partial liquidation on his ETH 25x long and trimmed the position, leaving him with 2200 ETH still leveraged at 25x and sitting just $22 above the next liquidation threshold.
ETH trades at $1972.16 on the 4h chart, pressing directly against the lower Bollinger Band support at $1976.35 while the EMA50 at $2040.55 and EMA200 at $2162.75 act as stacked resistance overhead; the MACD death cross at -15.22 reinforces bearish momentum even as RSI at 33.36 leaves room for a brief oversold bounce before the next leg lower.
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