ETH Long Liquidation Signals Short-Term Weakness Near $4.5k
I report an ETH long liquidation of $50,700 executed at $4,513.60.
This sizeable single liquidation can add short-term downward pressure and may have triggered nearby stop-losses, increasing volatility around the $4.5k area.
I’m watching open interest, funding rates and orderbook liquidity before considering any new long exposure.
Analysis
Recommendation
Exercise caution: avoid initiating fresh long positions until funding normalizes and orderbook depth improves; monitor open interest and price action for signs of stabilization.
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.