$ETH Liquidation Alert: Long Position Shaken!
A $298K long position in Ethereum (ETH) has been liquidated at $3,361.76, signaling market turbulence.
Currently, ETH trades at $3,370.96, reflecting a slight dip in a volatile session.
Key Highlights:
Intraday Range: $3,352.16 (low) to $3,558.54 (high).
Market Sentiment: Increased volatility continues to dominate, showcasing a tug-of-war between bulls and bears.
Recent Action: This liquidation highlights the risk associated with aggressive leveraged trades amidst unpredictable price swings.
Next Move (Short & Strategic):
Stay cautious!
With $ETH
moving near support zones, conservative traders may wait for confirmation of trend direction, while risk-takers might eye opportunities for short-term scalping.
Stop-loss orders are crucial in this volatile environment.
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