Ethereum Long Liquidated at $4,384 — Short-Term Bearish Signal
I noticed a $67.3K Ethereum long was liquidated at $4,384.34, a clear forced unwind near that price.
I view this as a short-term bearish signal: stop-hunts and increased selling pressure around $4,300–4,400 raise downside risk for marginal longs.
I’ll avoid adding fresh long exposure until ETH reestablishes support or shows a clear reversal pattern.
Analysis
Recommendation
Reduce or avoid new long positions, tighten stops if already long, and wait for confirmed support or a reversal pattern before re-entering.
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.