$ETH **News Flash**

Data: If ETH drops below $2,950, the cumulative long liquidation intensity of major CEX will reach $854 million

Source: coinglass

Time: 2025-12-14 02:30:26

Analysis:

Bearish, Reason: The key liquidation point ($2,950) is closer to the current price, breaking it will trigger $854 million in long liquidations, potentially leading to a chain sell-off, increasing short-term downward pressure.