Ethereum Long Liquidated at $4,391 — Leverage Risk Rising
I recorded a $61,000 long on Ethereum that was liquidated at $4,391.27. The sharp stop-out highlights concentrated leverage around this level.
This liquidation suggests short-term downside pressure and a possible cascade of stops; I remain cautious until clear support and reduced funding rates appear.
Analysis
The liquidation indicates clustered leveraged longs and likely a deleveraging phase; price action near $4.4k should be watched for follow-through or stabilization.
Recommendation
I would avoid opening new leveraged longs and monitor funding rates, open interest, and support around the $4.2–4.5k range before considering fresh exposure.
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.