Smart Money Closes SNDK INTC Shorts

Smart money trader closed $13.41 million SNDK and INTC short positions at 2 a.m. for a $448K realized profit and maintains $22.34 million in open BTC / SKHX / MU shorts showing $1.335M floating gains. The same wallet that booked $4.15M earlier from long SKHX / MU / INTC flipped bearish on the semiconductor basket and BTC just before the equity sell-off. BTC price prediction models now face fresh pressure as price sits at $60166.09 inside a bearish structure with EMA50 at $60402.62 acting as immediate resistance and EMA200 at $65173.97 capping any recovery. Momentum shows RSI(14) at 53.79 while MACD prints a bullish golden cross at -160.2, yet price remains trapped inside the Bollinger band with upper resistance at $60863.81. With price testing upper Bollinger resistance at $60863.81 while RSI stays neutral, a healthy retracement toward the 50-EMA support at $60402.62 appears probable before further continuation on the 4h chart.