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Ethereum Long Liquidated at $4,454 — Expect Short-Term Weakness

I noted a $66.8K Ethereum long was liquidated at $4,454.06.

That size of forced exit likely added short-term selling pressure and could trigger further volatility around current levels.

I’ll wait for clear stabilization or a confirmed bounce on volume before considering re-entry; avoid adding leverage into this move.

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Analysis

The liquidation of a sizable $66.8K long at $4,454.06 suggests stop-loss cascades and elevated downside risk in the immediate term. This event likely amplified selling pressure and underscores the nee...

Recommendation

Wait for stabilization: reduce leverage, monitor order-book and volume, and only consider buying after a clear support hold or a confirmed reversal candle with healthy volume.

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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