#ETH突破4300 #ETH大涨
Brothers, pay attention! The data speaks:
What if Ethereum (ETH) surges to $4400? Just wait and see, on mainstream exchanges (CEX), shorts will face nearly $930 million in liquidations! (To be specific: $928 million)
On the flip side, what if ETH falls below $4200? The bulls will be in deep trouble, facing nearly $700 million in liquidations! (705 million)
What is a liquidation chart? Simply put:
The taller the column, the more brutal and tragic the liquidations will be when the price truly hits that level! This is the market's 'powder keg' position.
Old Li is watching the market, and right now ETH is swaying in the narrow range between $4200 and $4400. These two price points are one side the burial ground for the bears (above $4400), and the other side the guillotine for the bulls (below $4200), both piled with positions waiting to be forcibly liquidated. Regardless of which direction the price breaks, it will trigger a chain reaction of liquidations, popping like firecrackers, and will push the price to surge even more in that direction (this is known as a 'strong liquidity reaction').
$4200 and $4400 are currently ETH's lifelines! As the price approaches these two levels, market volatility will inevitably increase, either the shorts will be skyrocketed to the heavens, or the bulls will be crushed into the ground. Keep an eye on it!