#ETH Current Price: 2518

Liquidation Concentration Zone:

Downward (Long Liquidation) concentrated in the 2410-2480 range.

Upward (Short Liquidation) concentrated in the 2540-2600 range.

If the price breaks below 2480, it will trigger more long liquidations, potentially accelerating the decline further. If the price breaks above 2540, it may trigger a large number of short liquidations, forming a wave of upward 'squeeze'.

The red line (cumulative long liquidation intensity) sharply drops below the price, indicating that many low-position longs have been liquidated, and market sentiment is leaning towards panic.

The green line (cumulative short liquidation intensity) rises rapidly above the price, indicating that there is a significant accumulation of shorts above.

This suggests that the current phase of 'longs killing longs' may be nearing its end.

Once the price stabilizes and rebounds, there is a chance to form a short squeeze (short liquidations bring buying pressure).

🔮 Ethereum Short-term Trend Strategy Recommendations

Bullish: Liquidation pressure has been released and concentrated downwards, the price is approaching the previous long liquidation area. If the price breaks above 2540, a small position can be attempted to go long, with target levels of 2600-2630. The current market is at a critical turning point, and may oscillate back and forth between 2480-2540. It is not advisable to chase highs or lows; wait for clear direction before participating.

Need to combine K-line patterns, BTC correlation, and fundamental news for a comprehensive judgment. The liquidation chart can only provide a short-term reference for contract funding sentiment. Yuan is bullish in the short term, fans have been gradually bottom-fishing around 2530, 2500, 2470, and 2490, currently holding, waiting for the market to unfold!! #鲍威尔发言 #以色列伊朗冲突 #美联储FOMC会议 #币圈暴富