Smart Money Closes SKHX Longs at $1510.3

Smart money closed the 8400 SKHX long at $1510.3 this morning for a net $97k loss including funding, recovering from a peak $1.64M drawdown while locking in over $5.293M total profit across prior shorts in SNDK, INTC and BTC.

Bitcoin at $62039.5 trades inside its Bollinger Bands with the upper band at $64381.19 capping upside; the bearish MACD death cross at -57.71 and price sitting below EMA50 resistance of $62328.02 point to a probable retracement toward the lower band support at $61692.54 before any sustained move higher, shaping near-term BTC price prediction amid ongoing semiconductor rotation.