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ETH

ETH Long Liquidated at $4,420 — Near-Term Bearish Pressure

I observed an ETH long position liquidated for $113,000 at $4,420.32, signaling a notable bearish impulse around that level.

I view this as increased near-term downside risk for Ethereum until price confirms support or reclaims the $4,420 area with conviction.

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Analysis

A six-figure long liquidation at $4,420 suggests stop-loss clearing and short-term bearish momentum; expect elevated volatility and potential follow-through unless buyers quickly step in at nearby sup...

Recommendation

Avoid initiating new long positions now and consider reducing exposure or selling into strength; wait for a clear reclaim of $4,420–$4,500 or a confirmed bounce before re-entering longs.

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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