Ethereum Long Liquidated at $4,466 — Watch for Short-Term Weakness
I saw that a $112,000 ETH long was liquidated at $4,466.75.
I view this as a sign of short-term selling pressure and higher intraday volatility around the $4.4k level rather than a decisive change in trend.
I will watch price and volume closely, avoid chasing longs, and prefer to wait for clear support or consider buying only on confirmed weakness with defined risk.
Analysis
Recommendation
I recommend watching price action and volume for support confirmation; avoid entering fresh longs now and consider a buy-on-weakness approach with strict stops if momentum stabilizes.
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.