Ethereum's 'life and death game' tonight! The $4200-$4400 range becomes a 'liquidation slaughterhouse'; follow the wrong direction and lose everything!
Folks, an old saying in the crypto circle goes: 'Those who gamble their lives at liquidation points and those who watch others liquidate and count money, are just these two types of people!' Tonight, the $4200-$4400 range for Ethereum is the most dangerous 'gambling table' of 2025; one wrong step, and your wallet will 'explode' right where it stands!

Data speaks: A 'guillotine' of 1.6 billion dollars stacked high
On-chain liquidation data directly delivers a 'critical hit' — $16.3 billion worth of liquidation 'powder keg' has accumulated around $4200 and $4400! What does this mean? This is equivalent to binding one-third of the daily trading volume of the entire crypto market to these two price points, like setting a 'time bomb' under them.
Even scarier is that the order volume on exchanges has plummeted by 63%, and liquidity is as thin as paper. Once the price breaks through either $4200 or $4400, it will trigger a chain liquidation like dominoes! The price could soar or plummet by 20% in an instant — if $4200 breaks, the longs will be 'blood washed,' and money will 'flow away'; if $4400 breaks, the shorts will also 'turn to ashes,' losing everything!

Market maker's script: first smash the price, then pump it up, turning retail investors into 'ATMs'
Late last night, a certain whale address quietly placed a buy order of 5000 ETH at $4250, while the open interest of $4400 call options on Deribit surged by 300%. This operation is clear to anyone with a discerning eye — the market maker intends to smash the price first to 'blast' the longs out, then pump it up to harvest the shorts, setting up a double kill!
Even more explosive is that there are reports saying Vitalik Buterin has met secretly with the SEC, and the approval of the ETH spot ETF may be advanced to August 15. This 'policy sword' combined with the technical liquidation points means tonight is destined to be a dual 'nuclear explosion' of 'policy + technology', and the market is sure to 'blow up'!
Retail investor self-rescue guide: Either run away or go all in
Three major exchanges have secretly lowered their leverage ratios; smart money has already started to act! What should we retail investors do?
If the price breaks below $4200, immediately close your long position and open a short, targeting the psychological level of $4000; quickly protect your principal!
If it breaks $4400, go all in to chase the rise; $4500 is just the starting point, and the historical high of $4800 will definitely be broken — let's eat meat together!
Ultimate warning: Three major bombs set to explode tonight
Tonight, three major 'bombs' may ignite the market:
Federal Reserve Chairman Powell's speech: If he hints at an interest rate cut, ETH will be the biggest winner, with funds flooding in from the US stock market, causing the price to 'shoot up'!
Tether issued an additional 500 million USDT: The whale's 'ammunition' is fully loaded, the funds for the pump are in place, and the market is definitely going to 'shake three times'!
Binance ETH perpetual funding rate - 0.3%: The shorts are already 'packed,' and a short squeeze is about to happen; the price could soar instantly!
Can your position withstand tonight? $4200 and $4400 are not ordinary prices; they are life and death lines! Either take off on someone else's liquidation order or become someone else's stepping stone. Immediately check your leverage ratio; let's witness history together tonight!
If you want to make money, don't be a lone warrior! Follow me and comment to share your views so we can seize the lucrative opportunities of the bull market together!