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ETH

Large ETH Long Liquidated at $4,413 — Short-term Pressure Likely

I noticed a large Ethereum long — $57,500 — was liquidated at $4,413.69.

I view this as a sign of short-term selling pressure and heightened volatility around the $4.4K area, though it does not necessarily imply a sustained downtrend.

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Analysis

The $57.5K long liquidation at $4,413.69 likely reflects stop-hunting or a clustered stop zone being cleared, which can amplify short-term downside moves. Broader significance depends on volume, nearb...

Recommendation

I’m watching price reaction near $4.4K — avoid initiating new longs until the market shows stabilization or clear support; if already long, consider tightening stops or reducing exposure.

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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