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Large ETH Long Liquidated — Watch for Volatility
I noticed a large ETH long liquidation: $113,000 was closed at $4,397.76.
I view this as a sign of short-term selling pressure and heightened volatility around the $4.4k area, so I will stay cautious and monitor order flow before taking new positions.
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Analysis
This $113K liquidation shows concentrated long exposure was removed near $4,397.76, increasing downside risk and suggesting possible stop-hunt or a market shakeout; momentum favors sellers in the near...
Recommendation
I recommend watching price action and liquidity around $4,200–$4,500 and avoiding new long entries until volatility cools or a clear support is established.
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.