My ETH Long Liquidated at $4,712 — Short-Term Bearish Signal
I had a long on Ethereum that was liquidated — my average entry was $4,712.02 and the position size across our bots was about $95,023.
This liquidation highlights short-term bearish pressure and elevated leverage in the market; I’m stepping back from fresh long exposure and will wait for clearer support before re-entering.
All trading bots in @bpay_group were affected, so I’m reviewing risk settings and lower-leverage strategies moving forward.
Analysis
Recommendation
I recommend exiting or avoiding new long positions for now, reduce leverage, and wait for confirmed support or a clean technical reversal before reconsidering entries.
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.