ETH long liquidated at $4,720 — expect short-term weakness
I had a large Ethereum long position liquidated.
My average entry was $4,720 and the total exposure across our bots was $129,101.
This event highlights short-term bearish pressure and elevated volatility; I'm pausing new long entries until I see clear stabilization or a confirmed reversal.
Analysis
Recommendation
I'm reducing exposure and avoiding fresh long entries for now; wait for consolidation or clear bullish confirmation before re-entering, or scale out if still leveraged.
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.