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ETH

Ethereum long liquidation — $25.9K closed at $4,322

I note a long liquidation on Ethereum totaling $25.9K executed at $4,322.18. This liquidation closed leveraged long positions and reflects recent downside pressure on ETH.

I view this as a short-term bearish signal and a sign of elevated volatility; I'll wait for clearer price support before adding exposure.

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Analysis

A $25.9K long liquidation at $4,322 likely increased selling pressure and may lead to continued short-term weakness if momentum persists; monitor trading volume and whether nearby support holds before...

Recommendation

Avoid initiating new long positions until price confirms sustainable support and volatility subsides; short-term traders should consider reducing exposure or using tight stops.

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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