Ethereum long liquidated at $4,402 — Stand Down Until Support
I had a long on Ethereum that was liquidated at an average entry of $4,402.77, with total exposure of $85,334 run by our bots.
The forced liquidation highlights short-term downside pressure and likely stop-hunt activity; I’m stepping back until I see clear support or a confirmed rebound.
I’ll only consider re-entry after a sustained recovery above key levels or evidence of a stable base.
Analysis
The liquidation suggests intensified short-term bearish momentum and thin liquidity near the $4,400 area, meaning forced selling likely exacerbated the drop and increases near-term volatility risk.
Recommendation
Don't initiate new longs now — wait for confirmed support or a clear relief rally. If trading, reduce leverage and set tight risk controls.
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.