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ETH $113K Long Liquidated at $4,420 — Short-term Bearish Signal

I noticed a $113,000 Ethereum long was liquidated at $4,420.32. That forced sell shows immediate short-term selling pressure and higher volatility around this price.

I'm watching whether this triggers a deeper correction or just a stop-run before recovery. I want confirmation from volume and support holds before adding new long exposure.

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Analysis

Large long liquidations typically amplify downside moves as forced selling hits the market and stops cascade; this increases short-term volatility and raises the risk of a deeper pullback unless stron...

Recommendation

Avoid initiating new long positions for now and monitor price reaction around nearby support and volume; consider trimming exposure or hedging if breakdown continues, otherwise wait for confirmation o...

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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