Warning to bulls! If Ethereum falls below $4500, a $2.5 billion massacre! Your principal may instantly go to zero!
A single bullish candle can change beliefs, while a liquidation line can bury those beliefs" — The storm in the cryptocurrency world is always more intense than imagined.
In simple terms, Coinglass's latest data reveals a key signal: if Ethereum surges to $5000, those short positions betting on a decline in exchanges will face a $544 million explosion;
And if it falls below $4500, those long positions betting on an increase will face a liquidation shock of $2.5 billion!
Note that this does not mean that so much money will evaporate instantly, but rather that around these price points, the market will be like stepping into a minefield — once triggered, chain liquidations will cause severe price fluctuations, akin to knocking down the first domino.
My view is that this is no longer just a technical game but more like a psychological battle over liquidity.
Why is the intensity of long liquidations much higher than that of short ones? Because most people FOMO into the highs, with leveraged long positions piling up between $4500 and $5000, like queuing on the edge of a cliff — one step back is an avalanche.
Looking back at the crash on May 19, it was precisely because chain liquidations accelerated the collapse.
This time, large holders and institutions may be setting up their strategies at these key points, just waiting for retail investors to step in.
In a nutshell: these two positions for Ethereum are no longer ordinary support and resistance, but rather "liquidity minefields."
Either break through and establish a trend, or step on a mine and trigger a tsunami — which side are you on? #杰克逊霍尔会议
Want to make money in the crypto world? Just follow Mi Ge! Market trends, strategies, potential coins, one-stop solution! Click on the avatar and follow now!
$ETH
A single bullish candle can change beliefs, while a liquidation line can bury those beliefs" — The storm in the cryptocurrency world is always more intense than imagined.
In simple terms, Coinglass's latest data reveals a key signal: if Ethereum surges to $5000, those short positions betting on a decline in exchanges will face a $544 million explosion;
And if it falls below $4500, those long positions betting on an increase will face a liquidation shock of $2.5 billion!
Note that this does not mean that so much money will evaporate instantly, but rather that around these price points, the market will be like stepping into a minefield — once triggered, chain liquidations will cause severe price fluctuations, akin to knocking down the first domino.
My view is that this is no longer just a technical game but more like a psychological battle over liquidity.
Why is the intensity of long liquidations much higher than that of short ones? Because most people FOMO into the highs, with leveraged long positions piling up between $4500 and $5000, like queuing on the edge of a cliff — one step back is an avalanche.
Looking back at the crash on May 19, it was precisely because chain liquidations accelerated the collapse.
This time, large holders and institutions may be setting up their strategies at these key points, just waiting for retail investors to step in.
In a nutshell: these two positions for Ethereum are no longer ordinary support and resistance, but rather "liquidity minefields."
Either break through and establish a trend, or step on a mine and trigger a tsunami — which side are you on? #杰克逊霍尔会议
Want to make money in the crypto world? Just follow Mi Ge! Market trends, strategies, potential coins, one-stop solution! Click on the avatar and follow now!
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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