Ethereum Longs Liquidated at $4,440 — Short-Term Bearish Pressure
I recorded a long liquidation on Ethereum at an average price of $4,440.93, totaling about $50,387 executed by our bots.
This forced deleveraging raises short-term bearish pressure and volatility; it could be a stop-hunt rather than a sustained trend change.
I will monitor price action, funding rates and nearby support before adding exposure and will avoid chasing longs for now.
Analysis
Recommendation
Watch — avoid initiating new long positions until price stabilizes and confirms support; consider scaling in only on confirmed recovery or use tight risk controls if trading rebounds.
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.