Pension-usdt.eth: Closes BTC Short, Opens $89M ETH Position

Pension-usdt.eth closed its BTC short position for $3.56M profit and opened a fresh 50,000 ETH short at 3x leverage worth $89M, already showing $4.5M in gains with lifetime profits above $39.6M.

Price action on the 4h chart shows ETH trading at $1775.47 with RSI(14) at 24.09 in oversold territory and MACD at -55.7 confirming a death cross below EMA50 resistance at $1970.92 and EMA200 at $2129.98. The position sits inside the Bollinger band near lower support at $1761.81, aligning with bearish structure that fuels ETH price prediction models anticipating further downside before any test of upper band resistance at $2081.08 amid broader crypto market crash signals.