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Major ETH Long Liquidated at $4,496 — Watch for Volatility
I observed a $79.6K Ethereum long liquidated at $4,496.81, which points to a meaningful stop-loss cascade at that level and immediate selling pressure.
I view this as a short-term bearish/volatile signal — I would watch price action around $4.4k–$4.6k, avoid new full-sized longs, and only consider buys after clear support or a confirmed retest.
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Analysis
The liquidation of a roughly $80k long at ~4,496 suggests forced selling that can push price lower or produce a volatile relief bounce; volume spikes and order-flow around this level will indicate whe...
Recommendation
I recommend monitoring intraday order flow and key supports near prior lows; avoid entering fresh long positions now, consider scaled/partial buys only on confirmed weakness with tight risk controls o...
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.