ETH Long Liquidated at $4,446 — Short-Term Volatility Signal
I saw a $73.2K ETH long get liquidated at $4,446.52, which points to short-term selling pressure and a stop-run around that price.
I’m cautious: one liquidation doesn’t prove a trend change but increases the chance of near-term volatility. I’ll watch confirmations and support before adding fresh exposure.
Analysis
Recommendation
I recommend waiting for price stability or a confirmed bounce before initiating new longs; traders may consider buying on weakness with strict risk controls or staying sidelined until support holds.
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.