Ethereum Long Liquidated at $4,432 — Short-Term Pressure, Watch Support
I noticed a long liquidation of $85.2K on ETH executed at $4,432.04. This shows short-term selling pressure around that price.
The liquidation likely added volatility but is small relative to the overall ETH market — not a decisive trend change on its own.
I’m watching nearby support (around $4.4k and lower) and funding rates for confirmation before taking a directional stance.
Analysis
Recommendation
I recommend watching price action and funding rates; avoid initiating fresh long positions until support holds and volatility subsides, and consider tightening stops if already long.
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.