Ethereum Long Liquidation at $4,432 — Short-Term Pressure
I observed a large Ethereum long liquidation: $85.2K was forced out at $4,432.04.
This liquidation likely added short-term selling pressure and increased volatility as leveraged positions were unwound around that price.
I’m watching how price holds key supports before considering new long exposure; one liquidation doesn’t break the larger trend but raises caution for leveraged entries.
Analysis
Recommendation
Exercise caution: avoid adding leveraged longs until price confirms support and volume stabilizes; monitor nearby support zones and liquidity to gauge if selling pressure subsides.
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.