ETH Long Liquidated at $4,591 — Volatility Alert
I saw an ETH long liquidated for $54.9K at $4,591.95.
This liquidation highlights elevated short-term volatility and suggests sellers exerted pressure around that level.
I will wait for clearer price and volume confirmation before adding new long exposure and will keep risk controls tight.
Analysis
The liquidation indicates aggressive deleveraging near $4.6k and increased whipsaw risk; short-term bearish momentum may persist until buyers reclaim the level with conviction.
Recommendation
Watch price and volume for confirmation; avoid chasing longs now, use small sizes and tight stops, and wait for clear support or a reclaimed range before entering.
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.