Ethereum Long Liquidated — Expect Short-Term Weakness
I had a long on Ethereum that was liquidated; my average entry was $4,407.64 and the total position size was $52,892.
The liquidation highlights sharp short-term volatility and shows how leveraged longs can be wiped out in sudden moves.
I'm reassessing risk, reducing leveraged exposure, and will avoid opening new longs until price action confirms support.
Analysis
Recommendation
Reduce or close leveraged long exposure and avoid initiating fresh longs until price stabilizes and support is confirmed; consider waiting for a clear recovery signal before re-entering.
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.