Maji Brother: $79M Longs Turn to Loss

High-stakes trader Maji Brother watches his massive $79.16 million long positions flip from a peak floating profit exceeding $2.7 million to overall losses, underscoring the brutal swings in today's crypto arena. He holds 555 BTC valued at $42.76 million with a slim $456,000 floating gain, while his 15,600 ETH stash worth $35.85 million bleeds $486,000 in unrealized losses, and the 12,888.88 HYPE tokens add to the pressure amid hype-fueled volatility reminiscent of recent RAVE token surges.

Zooming into the BTC 4-hour chart, price action clings to $76,970.57, testing the lower Bollinger Band support at $76,534.21 while the bearish trend dominates with EMA50 at $77,117.18 acting as immediate resistance and EMA200 at $73,858.95 providing deeper confluence for potential bounces. MACD signals a death cross at -37.71, aligning with neutral RSI at 44.67 that hints at exhaustion, setting up a probable retracement toward the upper band resistance of $78,831.7 if momentum flips—traders eye this setup for BTC price prediction plays in a market echoing last quarter's crypto market crash vibes, where similar confluences triggered sharp reversals.