My $158K ETH Long Liquidated at $4,393 — Caution on Leverage
I had a long position in ETH liquidated: $158,000 at $4,393.86. The liquidation shows my stops were hit and reflects short-term selling pressure around this price.
I view this as a signal of elevated volatility and possible continued downside or choppy action while liquidity is taken. I won’t redeploy significant leverage until I see clearer support or a confirmed reversal.
For now I’m reassessing position sizing and risk controls and prefer staying flat, trimming exposure, or using hedges rather than re-entering aggressive longs.
Analysis
Recommendation
Avoid new leveraged longs for now, reduce exposure or hedge existing positions, and wait for confirmed support or a decisive reclaim before buying back in.
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.