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ETH $73.2K Long Liquidated at $4,446 — Watch for Volatility

I observed an ETH long liquidation of $73.2K executed at $4,446.52.

I see this as a signal of short-term selling pressure that can amplify intraday volatility around that price level.

I will watch price action near $4,446 and avoid adding aggressive longs until the market shows clear support or reclaims higher levels.

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Analysis

I view the liquidation as forced selling that can accelerate downward moves in the short term; the notional size is notable but not market-moving for ETH, so confirm direction with volume, order flow,...

Recommendation

I recommend watching price action closely and avoiding new long positions until ETH shows sustained buying or reclaims meaningful support; consider buying on weakness only with strict risk management.

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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