#ETH走势分析
Ethereum liquidation life-and-death line exposed! $3,114 and $2,850, a showdown of 556 million is imminent!
Crazy! The price of Ethereum is being pushed onto the liquidation meat grinder — the latest data shows that if ETH breaks through $3,114, the liquidation amount of short positions across mainstream exchanges will instantly reach $556 million! Similarly, if it falls below the support of $2,850, long positions will also be liquidated for $556 million!
What does this mean? The market is accumulating a gamble “nuclear explosion” at these two key price points! The current fluctuations of ETH are actually a life-and-death game of massive leverage in a narrow space. Any breakthrough in one direction could trigger a chain liquidation, causing prices to soar or crash instantly!
Data does not lie; behind the figure of 556 million is the critical point that countless high-leverage traders are holding their breath for. If it breaks upwards, shorts will be washed out; if it falls downwards, longs will be slaughtered. The liquidation map of exchanges has already lit up with red lights — market sentiment has been compressed to the extreme, just waiting for a fuse!
Right now, ETH is like sitting on a powder keg, with both bulls and bears betting on which side will be broken through first. Once this highly concentrated liquidation checkpoint is triggered, it could very likely cause a chain reaction, leading to violent fluctuations in BTC and even the entire market.
Is it a violent pull-up to harvest shorts, or a crash to liquidate longs? The largest scale liquidation storm of 2024 may be decided between these two lines!
---
Which side do you think will be broken through first?
The comment section is waiting for your bet on direction! 👇 After the liquidation, is it opportunity or crisis?
