risky

Ash Crypto Warns: ETH Correction Could Trigger Sharp Drop

I don't want to be overly bearish, but I'll say it plainly: ETH could drop sharply— a correction looks overdue. Right now shorts are being liquidated, but that can quickly flip into long liquidations.

Whales and market makers appear to be repositioning, which can amplify a rapid downside move. I strongly advise against using leverage in this environment.

Manage risk, consider reducing exposure, and wait for clearer on-chain and price-stability signals before adding to positions.

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Analysis

Short-covering now reduces immediate selling pressure but raises the risk of a swift decline once longs are liquidated; leveraged positions are particularly vulnerable given concentrated whale and mar...

Recommendation

Avoid leverage, trim exposure, use strict risk controls or wait for confirmed stabilization and on-chain signs before buying.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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