According to the latest statistics from the on-chain data tracking platform Coinglass, Ethereum is approaching a sensitive technical threshold. If ETH price drops to $3,000, long positions on mainstream exchanges will face a $1.001 billion liquidation impact.
Conversely, the scenario shows that if Ethereum can break above $3,300, the total liquidation in the short direction is expected to reach $638 million. The significant difference between these two figures reflects the current asymmetric risk distribution in the market.
The Meaning of Liquidation Intensity
It is worth noting that this liquidation data does not precisely count the specific number or value of contracts to be liquidated, but rather serves as a relative intensity indicator. Each liquidation bar represents the impact weight of that price range relative to adjacent liquidation concentration zones. Simply put, the taller the liquidation bar, the more likely it is that market volatility will be triggered due to sudden liquidity changes when the price reaches that level.
Insights for Traders
Currently, Ethereum is fluctuating within the $3,000-$3,300 range, which corresponds to a high-risk zone for dual-direction liquidations. Long traders need to be cautious of the risk of liquidation if the price breaks downward, while short traders should pay attention to potential squeeze effects if the price breaks upward. The existence of the liquidation chart reminds us that the market is influenced not only by technical or fundamental factors but also by the invisible killer—liquidity distribution.
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Ethereum approaches a critical level: the danger zone of $3000 liquidation is imminent
According to the latest statistics from the on-chain data tracking platform Coinglass, Ethereum is approaching a sensitive technical threshold. If ETH price drops to $3,000, long positions on mainstream exchanges will face a $1.001 billion liquidation impact.
Conversely, the scenario shows that if Ethereum can break above $3,300, the total liquidation in the short direction is expected to reach $638 million. The significant difference between these two figures reflects the current asymmetric risk distribution in the market.
The Meaning of Liquidation Intensity
It is worth noting that this liquidation data does not precisely count the specific number or value of contracts to be liquidated, but rather serves as a relative intensity indicator. Each liquidation bar represents the impact weight of that price range relative to adjacent liquidation concentration zones. Simply put, the taller the liquidation bar, the more likely it is that market volatility will be triggered due to sudden liquidity changes when the price reaches that level.
Insights for Traders
Currently, Ethereum is fluctuating within the $3,000-$3,300 range, which corresponds to a high-risk zone for dual-direction liquidations. Long traders need to be cautious of the risk of liquidation if the price breaks downward, while short traders should pay attention to potential squeeze effects if the price breaks upward. The existence of the liquidation chart reminds us that the market is influenced not only by technical or fundamental factors but also by the invisible killer—liquidity distribution.