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ETH long liquidations signal downside risk around $4.18k

I witnessed ETH liquidated long positions totaling about $94K at a price of $4,181.45, indicating fresh downside pressure and risk-off momentum around the 4.18k area.
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Analysis

ETH experiences aggressive long liquidations near a key round number around $4,180. This suggests a shift in market sentiment toward bearishness or heightened volatility, as traders who were long at h...

Recommendation

Assess risk exposure with a cautious stance on ETH in the near term. If you hold long positions, consider tightening stops or partial profit-taking near key support levels around $4,000 to reduce down...

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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