Phantom: Trader Banks $284k on BTC Short

Phantom platform recorded a $284k profit for one perps trader who shorted BTC from $80k down to $64k.

Bitcoin currently sits at $65724.48 inside its 4-hour Bollinger band with upper resistance at $67492.05 and lower support at $63522.69. Price holds above the EMA50 at $64794.02 yet below the EMA200 at $69454.16, while MACD prints a death cross at 621.88 and RSI(14) remains neutral at 55.53. This structure shows the sharp decline from $80k exhausted short-term volatility without breaking the longer-term bullish EMA alignment, suggesting any continuation lower would first need to clear the $63522.69 band floor before testing deeper supports.