If Ethereum falls below $4600, the cumulative long liquidation intensity of mainstream CEX will reach 2.401 billion

According to Coinglass data, if Ethereum falls below $4600, the cumulative long liquidation intensity of mainstream CEX will reach 2.401 billion.

On the contrary, if Ethereum breaks through $4900, the cumulative short liquidation intensity of mainstream CEX will reach 1.540 billion.

What do you all say, should we first eliminate the short positions or the long positions??

Additionally, for those who trade frequently! Be sure to pay attention!

In fact, whether the account has a cashback is very important. Sometimes, even if the principal goes to 0, the cashback might become your capital to get back on track. With 100x leverage, the transaction fee for opening and closing a position once is close to 10% of your opening principal, meaning if you open with 1000u at 100x, the fee for opening and closing once will be 100u. By opening an account with me, you can save at least 30U on each transaction, which averages to 300U if you make 10 transactions a day.