Large ETH Long Liquidated at $4,454 — Watch for Volatility
I spotted a large ETH long liquidation of $66.8K executed at $4,454.06. This reflects a forced exit by leveraged bulls near current price levels.
Such liquidations typically increase short-term selling pressure and volatility; I’m watching for follow-through below nearby support or a quick short-squeeze recovery.
I’m cautious here: avoid adding leveraged longs until price shows stable support or clear reversal signals, and use tight stops if you remain exposed.
Analysis
Recommendation
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.