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CoinVoice has learned that, according to Coinglass data, if Ethereum falls below $2900, the cumulative long liquidation intensity on major CEXs will reach 527 million. Conversely, if Ethereum breaks above $3100, the cumulative short liquidation intensity on major CEXs will reach 1.239 billion. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher "liquidation columns" indicate that the price will react more strongly due to liquidity waves once reached.