The price of $ETH fell sharply to 2,718 USD, triggering a highly marked liquidation zone for longs on the Heatmap.
Subsequently, the market rebounded strongly and forced the liquidation of short positions up to 3,239 USD. However, between 3,300 and 3,325 USD, there still exists a dense zone of short leverage that could attract the price if the momentum continues.
The market does not seek equilibrium; it seeks liquidity where it can generate the greatest impact.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square

ETHUSDT
Perp
3,351.6
+1.30%