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Large ETH Long Liquidated at $4,348 — Watch for Volatility

I note a sizable Ethereum long — $129,000 — was liquidated at $4,348.12, indicating stops were hit and short-term selling pressure increased.

I view this as a volatility signal rather than a confirmed trend reversal. I'll watch price action around the liquidation level and recent supports before making trading decisions.

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Analysis

The liquidation shows stop-loss clustering around $4,348 and suggests short-term momentum leaned bearish; expect increased volatility as market tests nearby support and liquidity levels.

Recommendation

Monitor price and volume around $4,300–$4,350; avoid opening new long positions until support is confirmed and consider trimming exposure if volatility persists.

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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