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Ethereum Long Liquidated at $4,372 — Short-Term Bearish Signal

I noticed a $65.6K long position in Ethereum was liquidated at $4,372.59. This forced exit likely increased short-term selling pressure around that level.

I view this as a bearish intraday signal — liquidity hunting can push price lower before buyers reappear. I'll wait for clear support or a reclaim of key levels before turning bullish.

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Analysis

A sizable long liquidation at $4,372 indicates clustered stops were hit, amplifying downside momentum and increasing volatility. Expect potential tests of nearby supports (e.g., $4,200–$4,000) and wat...

Recommendation

I recommend avoiding new long entries until price shows stabilization or reclaims key levels. Holders may trim or tighten stops; short-term traders can consider selling on weakness or waiting for a cl...

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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