Ethereum broke through $4,400, with the cumulative liquidation amount of short positions reaching 1.24 billion yuan, and short pressure has somewhat eased.

If the price falls below $4,100, the cumulative liquidation amount of long positions will reach 3.257 billion yuan, and longs face significant liquidation risk.

Currently, both sides in the ETH market have considerable leverage, and the scale of liquidations reflects increased short-term market volatility. Brothers, withdraw your leverage; this is not a call for a short squeeze or long squeeze! $ETH