Maji: Closes HYPE BTC Positions After $10M Loss

Maji slashed net equity from $12 million to $2 million in under 36 hours as BTC and ETH fell more than 5 percent, forcing full exits from HYPE, PUMP and BTC longs two hours ago while the remaining ETH long sits $40 from liquidation at $2471.

Price at $2528.25 trades inside the Bollinger band with lower support at $2496.69; the oversold RSI(14) at 22.85 hints at near-term exhaustion yet the MACD death cross at -41.45 and EMA50 resistance at $2654.34 keep the structure firmly bearish, raising the odds of a quick test of the lower band before any sustained rebound.