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Closed $150K ETH Short at $4,530 — Waiting for Clear Reversal
I liquidated a $150,000 short position in Ethereum at $4,530.00.
The trade was closed as price moved against me, removing exposure to further upside risk.
I will wait for clearer price structure or a confirmed reversal before considering re-entry on the short side.
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Analysis
A forced or intentional liquidation of a large short suggests recent upside momentum or volatility in ETH. This reduces immediate short-side conviction and indicates traders should respect short-term ...
Recommendation
Avoid initiating new short positions now; wait for consolidation or a clear breakdown below key support. Re-enter shorts only with confirmed reversal signals or use reduced size and strict risk contro...
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.