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ETH

Ethereum: Short Covered, Watching for Next Trigger

Ethereum (ETH) perspective: I just closed out an existing short position, liquidity event completed. Average entry around $4,496.91 with a total exposure of about $162,613. The moment feels like a pause, with no clear new directional conviction yet — I’ll wait for better setup.

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Analysis

Context: A short position was liquidated, indicating a potential short-term bullish flush or a relief rally riding off the liquidity shakeout. The average price of $4,496.91 with a sizable capital dep...

Recommendation

Current stance: wait for a defined setup before initiating new directional bets. If ETH breaks above a short-term resistance with convincing volume, consider a cautious long entry (with clear stop and...

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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