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ETH

ETH $113K Long Liquidated at $4,397 — Watch for Short-Term Volatility

I noticed an ETH long position worth $113,000 was liquidated at $4,397.76.

This shows stop-losses were hit and there is short-term selling pressure around the $4.4k area.

I will watch order flow and support levels before committing to new entries.

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Analysis

A sizeable long liquidation implies leveraged positions were overextended; this can amplify downside moves and create volatility until buying interest reappears. Monitor bid depth and nearby support f...

Recommendation

Remain cautious: avoid new long exposure until price confirms support or shows stable buying; consider buying on weakness only after clear signs of accumulation.

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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