ETH below $4,400 could trigger $1.91B long liquidations
I believe if Ethereum falls below $4,400, it would trigger about $1.91 billion of long liquidations across major centralized exchanges.
I view this as a high-risk scenario that would amplify selling pressure and short-term volatility; I'll be watching key support levels and funding rates closely.
Analysis
The $4,400 level likely concentrates long leverage; forced liquidations would cascade selling into the spot and derivatives markets, worsening downside momentum and spiking funding rates.
Recommendation
I recommend reducing leveraged long exposure, tightening stops, or staying sidelined until ETH reclaims support above $4,400; monitor order books and funding metrics closely.
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.