ETH $112K Long Liquidated at $4,466 — Watch for Short-Term Pressure
I noticed a $112,000 long on ETH was liquidated at $4,466.75.
I see this as a sign of added short-term selling pressure and the potential for further stop-run moves if momentum continues downward.
I'll be watching orderflow and support levels before committing new long exposure; if price stabilizes near strong support I may consider buying on weakness, otherwise I’ll stay sidelined.
Analysis
Recommendation
Watch price and volume closely; avoid initiating large longs until stabilization. Consider buying on weakness only after confirmation at a reliable support zone or on a clear rebound signal.
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.