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Ethereum Long Liquidated $113K at $4,397 — Watch for Short-Term Volatility
I noticed a $113,000 long in ETH was liquidated at $4,397.76, signaling short-term selling pressure around the $4.4k area.
I’m watching how price and liquidity react at that level and would avoid initiating new leveraged longs until clearer stabilization or a confirmed retest occurs.
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Analysis
The $113k liquidation is small versus ETH’s market size but can amplify short-term volatility through stop cascades; the market’s reaction around $4,400 (volume, bid depth, and follow-through) will de...
Recommendation
Watch price action and liquidity near $4.4k. Avoid opening new leveraged longs until ETH shows stabilization or reclaims key resistance; consider trimming exposure if already long and set tight risk c...
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.