Ethereum is at a critical crossroads, with two completely different liquidity storms ahead.
According to the latest data from CoinGlass, the market is closely watching two key positions. If Ethereum successfully breaks through the $3200 mark, it will trigger a chain reaction on major centralized exchanges, leading to a total of $868 million in short liquidations. This blue warning line is becoming a signal for bulls to prepare for action.
Meanwhile, the $3000 support level below is also stirring with undercurrents. If Ethereum falls below this key support, the market will face an even fiercer wave of long liquidations—expected to reach $1.289 billion in intensity. This heated area is pulling on the nerves of the entire market.
It is important to understand that these "liquidation pillars" are not precise liquidation amounts, but rather show the potential market response strength when the price reaches specific levels. Higher pillars mean greater liquidity shockwaves; as the price approaches these key levels, the potential energy for market cleansing accumulates.
Every fluctuation of Ethereum is accumulating energy to change the market landscape. These two key price levels are like two magnetic poles, attracting prices towards themselves, and regardless of which side breaks, it will unleash enough liquidation power to reshape short-term trends.
The market is holding its breath, with a liquidation storm imminent.
With the opportunity at hand, how can retail investors seize it? Follow Bull Brother to catch the next wave!!
