1.8 billion shorts are queuing to jump off a cliff! Ethereum will either crash or double tonight
Market capital flows are turbulent
The direction of institutional repositioning is already clear: In June, Ethereum's spot ETF achieved a net inflow of $321 million for 12 consecutive days, while Bitcoin ETF faced an outflow of $1.23 billion during the same period. Capital is pushing ETH from the "supporting role" in asset portfolios to the "main stage". Giants like BlackRock continue to accumulate around the $3,300-$3,500 cost zone, and the strategic intent of long-term layout is evident.
The death trap under $40 billion contracts
The leverage powder keg in the futures market has reached a critical point—$40 billion in open contracts hangs like the sword of Damocles. Near the $2,800 stronghold, $1.8 billion in short liquidation orders are gathered; if this point is breached, it will trigger a chain liquidation "avalanche effect". Moreover, if the $2,600 defense line is lost, $2 billion in long positions will also face liquidation crisis, and both sides are in a do-or-die situation.
The battlefield of technology is at the gates
Key indicators show a delicate balance: The current price is entangled around the $2,531 midpoint, with MACD about to cross upwards, releasing a rebound signal, but the RSI overbought alert and $2,400 whale profit-taking create double pressure. The three barriers in the face-off have been clearly defined:
Long stronghold: $2,490 → $2,380
Short defense line: $2,800 → $3,000
Tactical layout with both offense and defense
Blitz strategy: Break through $2,600 with volume and decisively pursue, targeting the $2,800 short liquidation zone, fighting for a 30% chain liquidation bonus
Defense counterattack: If it falls back to the $2,400 value valley, heavily position in spot, set the ultimate stop loss at $2,300, and wait for a 30% value return
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