Large $111K ETH Long Liquidation Signals Short-Term Pressure

I saw a $111K Ethereum long get liquidated at $4,449.75. That size of forced exit can add short-term downward pressure and heightened volatility.

I view this as a warning sign for nearby longs rather than definitive trend reversal — stop-hunts and funding squeezes often produce clustered liquidations around key levels.

I’m watching how price reacts to the $4,400 area and nearby supports; a sustained break lower would make me more bearish, while a quick recovery would reduce immediate risk.