Maji Trader: Recovers $11M on ETH Longs

Maji Trader rode last week's ETH surge to roll $150K into $11.15M, trimming cumulative losses from $35M to $24M on perpetual longs.

The trader now controls $129M in leveraged positions across ETH, BTC, HYPE and PUMP at 12x, with further unilateral upside offering full recovery of the original $35M drawdown.

Price action on the 4h chart shows ETH at $2445.8 inside the Bollinger Bands with upper resistance at $2517.43; the bullish EMA50 at $2230.82 and EMA200 at $1999.24 act as layered support while MACD death cross at 75.93 signals fading momentum despite RSI at 66.98, suggesting a probable retracement toward the 50-EMA before any continuation higher.