Loracle Tops Weekly Profit Rankings with Over $11 Million Gains on Hyperliquid
- Weekly Profit Leader: Loracle achieved over $11 million in profits during the past week, primarily driven by its long positions in ZEC and TON, showcasing its strong investment capabilities in the cryptocurrency derivatives market.
- Key Position Performance: The total value of Loracle's ZEC long positions is approximately $20.9 million, while its TON long position is valued at about $9.6 million, with an unrealized profit of around $9.7 million, indicating the success of its investment strategy.
- Market Timing Success: By closing its WTI and Brent oil short positions at the previous day's lows, Loracle demonstrated excellent market timing, earning market praise and further solidifying its position as a market leader.
- Account Size and Profitability: Loracle's total account position size on Hyperliquid has exceeded $100 million, with over $36 million in profits realized over the past six months, reflecting its sustained profitability and confidence in the cryptocurrency market.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 73425.013 | 75754.547 | 78190.933 | 80520.467 | 82956.853 | 85286.387 | 87722.773 |
| Fibonacci | 75754.547 | 77575.128 | 78699.885 | 80520.467 | 82341.048 | 83465.805 | 85286.387 |
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