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Ethereum Long Liquidation at $4,526 — Short-Term Weakness
I noticed a $248K long on Ethereum was liquidated at $4,526.45.
This liquidation points to short-term selling pressure and elevated leverage around that price. It likely widened volatility and may have knocked out other leveraged longs nearby.
I'm cautious here: I won't add aggressive long exposure until price action stabilizes and immediate selling pressure eases.
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Analysis
The $248K long liquidation at $4,526.45 suggests concentrated leveraged positions were vulnerable at that level, increasing short-term volatility and the chance of follow-through downside or erratic p...
Recommendation
Watch price action and liquidity around $4,526 rather than entering new leveraged longs; prefer waiting for consolidation or clear support confirmation and use smaller sizes or tighter risk controls i...
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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