$ETH Longs Forced Out as Pressure Builds
The market turned against Ethereum bulls as $1,388.60 in long positions were liquidated at $1,978.04. Traders who were expecting a bounce instead watched price slip just enough to trigger forced exits. What seemed like a steady setup quickly shifted, proving once again how unforgiving leveraged trades can be.
This wasn’t a massive wipeout, but it was enough to shake confidence and remind participants that even small pullbacks can carry real consequences when leverage is involved. Liquidations like this quietly reset positioning, clear out overexposed traders, and often set the stage for the next move.
In crypto, conviction matters but risk management matters more.
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