Latest ETH Liquidation Data Map: Understand Long and Short Battles in One Article!

Many friends find it difficult to understand the liquidation and heat maps. Today, I will use the simplest words to help everyone interpret the latest ETH/USDT data.

First Map: Long and Short 'Liquidation Map'

Around different price levels, how many people have opened leveraged positions (betting on rising or falling prices), and if the price fluctuates, will they face liquidation and be forced to close their positions.

Left Red Area: Short leveraged positions, betting on ETH to fall.

Right Green Area: Long leveraged positions, betting on ETH to rise.

Current ETH price is $2579.6

There are many high leveraged positions near this price. Once the price fluctuates violently, it can easily trigger a 'liquidation chain reaction'.

For example: If the price breaks upwards to 2600, many short sellers may get liquidated, pushing the price further up;

If the price falls below 2530, many long positions may also get liquidated, potentially accelerating the decline.

Therefore, this price range is a dangerous zone, and the market may 'change its face' at any time.

Second Map: Liquidation 'Heat Map'

This map looks like thermal imaging; it actually shows which price levels have the most liquidations.

Green/Yellow Bars: Areas with dense liquidations, indicating a large amount of capital has been 'cut off' here;

Purple: Relatively safe, with less capital.

For instance, a lot of liquidations near 2600 indicates a 'key resistance level';

If it breaks below 2500, long positions may experience a cascade effect.

Currently, ETH is in a position where 'both longs and shorts are scared', and even slight price fluctuations may trigger massive liquidations.

It is not recommended to go all-in or heavily position in one direction right now, especially with high leverage.

For those looking to trade short-term, keep an eye on these densely liquidated areas, as they could be key points for market breakout.