Ethereum Long Liquidated at $4,449.75 — Short-Term Weakness
I had a long Ethereum position of $111,000 that was liquidated at $4,449.75.
The forced exit highlights near-term selling pressure and the risk of stop cascades around the $4.45k area, increasing short-term volatility.
I’m stepping back to reassess support and volume before rebuilding exposure.
Analysis
Recommendation
Do not initiate new longs immediately; wait for clear support and reduced volatility or consider buying on weakness with strict position sizing and stop-losses if you have a defined edge.
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.