Ethereum $149K Long Liquidated at $4,533 — Short-Term Weakness
I saw a $149,000 long position on ETH get liquidated at $4,533.46. This was a clear forced exit of leverage at the recent price level.
I view this as evidence of short-term selling pressure and elevated volatility. The liquidation likely removed some buy-side liquidity and can trigger further downside or chop until buyers re-enter.
Analysis
Recommendation
I recommend reducing directional long exposure and avoiding new leveraged longs until ETH confirms support and a clean recovery. Consider re-entering only after signs of stable buying momentum.
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.