Ethereum Long Liquidated at $4,445 — Expect Short-Term Weakness
I had a long on Ethereum that was liquidated for $82.6K at $4,445.24.
This liquidation highlights elevated leverage and short-term selling pressure; liquidity appears to be being hunted around current levels.
I won’t chase longs here — I’ll monitor price action, funding rates, and key support near $4,200–$4,000 before considering a low-risk re-entry.
Analysis
Recommendation
Watch price and funding rates closely, avoid initiating new long positions now, and only consider re-entry after confirmed support or clear bullish momentum with reduced leverage.
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.