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ETH

Ethereum bears surge after long liquidation

ETH Liquidated Long: $29.8K at $4167.20

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Analysis

Current data indicates a cascade of long liquidations for ETH, hinting at a shift in market sentiment from bullish to cautious or bearish. The liquidation at a sub-30k open interest level suggests wea...

Recommendation

Recommendation: adopt a cautious stance on fresh long entries until a clear bullish catalyst emerges. Consider hedging or scaling into neutral-to-bearish exposure if ETH breaks below key supports (e.g...

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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