watch
ETH Long Liquidated at $4,397 — Short-Term Weakness Likely
I saw the report: an ETH long of $113K was liquidated at $4,397.76. That size suggests a meaningful stop-loss cascade rather than a trivial retail trade.
I view this as a sign of short-term selling pressure and likely increased volatility around current levels. I’ll wait for clear support confirmation before re-entering aggressive longs.
Source available for registered users Sign Up Free
Analysis
The $113K long liquidation at $4,397.76 points to stop-hunt behavior and a short-term imbalance between sellers and buyers, which can trigger further downside or choppy price action until buyers absor...
Recommendation
I recommend watching price action and key support levels; avoid initiating new sizable long positions until there is a clear recovery or confirmed support—manage risk tightly if trading this volatilit...
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.