ETH $90K Long Liquidated at $4,509 — Watch for Short-Term Volatility
I noticed a $90.2K ETH long liquidation executed at $4,509.39.
This forced sell likely increased short-term selling pressure and volatility around current levels. Without confirming volume and support, price may retest lower levels or quickly mean-revert.
I will watch order flow and key supports before adding exposure and avoid initiating fresh longs until price shows clear stability.
Analysis
Recommendation
Monitor price action and volume at nearby support; avoid fresh long entries until stability is confirmed, and consider trimming exposure if volatility persists.
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.