Ethereum liquidation hints at near-term volatility

I observed a $113,000 long on Ethereum get liquidated at $4,420.32. That kind of event often creates short-term selling pressure and can amplify volatility around that price.

I'm treating this as a cautionary signal rather than a decisive trend change — the size is meaningful for a retail trader but small relative to overall ETH liquidity. I'll watch order flow, open interest and nearby support to gauge whether sellers keep control.

Until I see clear stabilization or a reclaim of higher levels, I won't be adding significant long exposure and will prefer to wait for confirmed price action.