Machi: Triple Liquidation Drops Balance Below $100K

Machi suffered three liquidations during the market drop, pushing his account balance below $100K with a fresh liquidation price at $1,843.4.

ETH price action at $1,857.59 shows the asset testing lower Bollinger Band support near $1,867.37 while the MACD death cross at -4.85 and EMA50 resistance at $1,900.32 lock in the bearish trend structure above the EMA200 at $1,827.92.

RSI at 37.11 leaves room for continued downside in perpetual futures positions before any recovery, a pattern that has defined crypto trader liquidation events over the past year amid repeated tests of key support zones.