Gate News bot message, Machi (@machibigbrother), known as “The King of Liquidations,” has been liquidated another 10 times. The $250K USDC he deposited just one day ago has declined to $57.7K USDC. According to Lookonchain’s tweet on February 3, 2026, Machi has now been liquidated a total of 252 times. His trading pattern continues to follow a cycle of depositing funds, doubling down on long positions, getting liquidated, and repeating the process.
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BTC (-0.40% | Current Price 67,263.9 USDT)
In the past week, BTC has been continuously declining from around $79,000, with a quick bottoming out near $59,980 followed by a strong rebound. It then entered a range-bound consolidation, currently around $67,914, showing an overall pattern of "sharp decline—recovery—sideways trading." The MA5 and MA10 are repeatedly intertwined, with the price repeatedly under pressure from the MA30. The moving average system remains in a bearish arrangement, and the medium-term trend has not yet reversed. The MACD rebounded below the zero line and has flattened again, with the red histogram shortening. Momentum is recovering but has not yet formed a trend expansion. In the short term, watch for support at $66,000 and resistance at $69,500–$70,000. A volume breakout above the MA30 and a firm hold above $70,000 could open the way to challenge $72,000.
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