pension-usdt.eth: Loses $15.86M on BTC, ETH Shorts
pension-usdt.eth down $15.86M on 1K BTC ($78.88M) and 20K ETH ($47.61M) shorts, profits drop from $33.28M to $14.73M amid bullish BTC price action.
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Smart trader pension-usdt.eth bleeds over $15.86M on his massive shorts: 1K BTC valued at $78.88M and 20K ETH at $47.61M. His overall profits cratered from $33.28M to just $14.73M, raising alarms if he'll rebound or implode like @JamesWynnReal and @machibigbrother, who surrendered every gain in brutal crypto market crashes. This wipeout underscores the perils of fighting a relentless BTC uptrend, especially as traders eye BTC price prediction models signaling further upside amid hype around projects like TAO and Bitcoin ecosystem expansions.
On the 4h BTC chart, price action screams bullish conviction as $79,286.33 tests the upper Bollinger Band resistance at $78,872.3, with the MACD golden cross at 370.72 confirming momentum buildup. EMA50 at $77,093.24 acts as immediate support, backed by the EMA200 at $73,658.79 for deeper confluence, while RSI at 66.17 stays neutral but edges toward overbought—expect a tactical pullback to that 50-EMA level before resuming the grind higher, trapping more shorts in Ethereum short squeeze scenarios and broader crypto trading strategies.
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