comment
Ethereum: $2.97M Long Liquidated at $4,426 — Short-Term Volatility
I noticed a $2.97M long on ETH was liquidated at $4,426.31. This was a sizable forced exit and likely added to short-term selling pressure around that price.
I view this as a market microstructure event that increases near-term volatility but doesn’t by itself define the longer-term trend. I’m watching for follow-through around key support and resistance levels before changing bias.
Source available for registered users Sign Up Free
Analysis
The large long liquidation at $4,426.31 suggests stop-loss clusters were hit and momentum sellers may have accelerated the decline. This kind of event typically spikes intraday volatility and can trig...
Recommendation
I’m not taking fresh directional trades solely on this liquidation. Wait for confirmation of support or rejection near nearby levels, manage position size, and use stops to protect against follow-thro...
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.