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Ethereum Long Liquidated at $4,413 — Short-Term Bearish Pressure

I reported a $34.7K long on Ethereum that was liquidated at $4,413.45.

This liquidation highlights short-term selling pressure and increased volatility around the $4.4K level; I’m watching for confirmation of support before considering new long exposure.

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Analysis

The liquidation of a sizable $34.7K long at $4,413.45 suggests stop-hunting or a momentum spike to the downside, adding transient selling pressure but not altering Ethereum’s longer-term fundamentals.

Recommendation

I recommend avoiding new long entries and waiting for price to re-establish clear support above $4.4K; consider short or reduce exposure with tight stops if bearish momentum persists.

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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