🚨 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.