ETH $146K Long Liquidated at $4,378 — Watch for Short-term Weakness
I observed a $146,000 ETH long position liquidated at $4,378.38.
That-sized liquidation likely added short-term selling pressure and increased volatility around current levels.
I’m monitoring nearby support and orderflow before committing to new long exposure.
Analysis
Recommendation
Watch price action and support levels; avoid initiating fresh long positions until volatility subsides or key support is reclaimed. If trading, use tight stops or scale in on confirmed bounces.
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.