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ETH

ETH Long Liquidated at $4,610 — Watch for Follow-Through

I noticed a $93.7K Ethereum long was liquidated at $4,610.27. That liquidation points to short-term selling pressure and increased volatility around this level.

I would monitor subsequent price action and order flow for confirmation before changing my exposure; a single moderate-sized liquidation alone doesn't prove a sustained trend.

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Analysis

The $93.7K long liquidation at $4,610 likely triggered stop cascades and added short-term bearish bias, but the size is moderate relative to overall market liquidity, so the move may be transient unle...

Recommendation

I am watching price and order flow; I would avoid adding risk now and wait for clear support to hold or a confirmed reversal before buying.

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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