sell
Ethereum (ETH) Short Liquidation at $3,740.77
I experienced a liquidation of my short position on Ethereum (ETH) when the price reached $3,740.77, resulting in a loss of approximately $28,600. This liquidation occurred because the market moved against my bearish bet, pushing ETH's price higher instead of lower, which wiped out my short position.
Source available for registered users Sign Up Free
AI Analysis
This event underscores the inherent risks of shorting Ethereum, especially given its recent price volatility. When I shorted ETH, I anticipated a downward correction, but the market moved upward, lead...
AI Recommendation
Given the volatile nature of ETH and the risk of liquidation witnessed here, my advice is to exercise caution when shorting cryptocurrencies. Consider implementing strict stop-loss strategies and dive...
Disclaimer
The AI 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.
You might also be interested in:
sell
sell
don't buy