🚨 Critical Tension in the Ethereum Market: $3.7 Billion Liquidation Threat

The ETH price appears to be stuck between two major liquidation zones:

🔻 3,816 level:

1.97 billion dollars worth of short positions are at risk of liquidation.

🔺 3,098 level:

A concentration of 1.76 billion dollars in long positions is notable.

The ETH price is fluctuating between these two thresholds. However, this balance may not be sustainable for long.

⚠️ Any sharp movement up or down could trigger chain liquidations.

With such intense leverage, a directional breakout could drain liquidity at any moment.

For investors, these levels are not just price points; they are also red alert zones in terms of risk control.

#Ethereum #Liquidations