Currently, the Ethereum ($ETH) market is shrouded in an unprecedented tense atmosphere — a massive 'liquidation storm' has quietly formed, with $1.5 billion worth of long and short positions facing off at critical price points. Any slight movement could trigger extreme market conditions, and every participant must stay on high alert.
A dual 'minefield' densely packed, with $1.5 billion hanging by a thread
The market has already set up two major 'life and death junctures,' with the fate of both bulls and bears tightly bound to the key price levels:
Below the 'Bullish Strangle Line': $4084 position, stacked with up to $1.54 billion in long positions, like a 'minefield' buried underground. Once the price falls below this support, it will trigger not only ordinary stop losses but also massive forced liquidations of longs, potentially causing a 'waterfall' drop due to selling pressure in a short time.
The 'bear break point' above: around 4484 USD, similarly has 1.526 billion USD worth of short orders hanging, which can be considered a 'time bomb' ready to explode at any moment. If prices break through this resistance level, the bears will face the risk of collective liquidation, and the concentrated influx of buying could drive prices up in a 'pulling onions from dry land' manner.
This situation, where both directions have over 1.5 billion USD in liquidation pressure, is extremely rare in the trading history of ETH. This means the market has lost its 'middle route', and regardless of which direction it breaks, it will trigger a chain reaction of liquidity explosions, with extreme volatility just around the corner.
'Liquidation magnet' locks in direction, the main players may actively 'ignite'.
What’s more critical is that the current ETH price is precisely stuck in the middle of the two 'minefields' at 4084-4484 USD, forming a textbook-level 'liquidation magnet' effect—prices seem to be drawn by an invisible magnet, constantly approaching one of the key price levels.
The logic behind it is not hard to understand: the market's main players are likely taking this opportunity to actively 'ignite' the situation. Whether it's pushing prices below support to strangle the bulls or breaking through resistance to obliterate the bears, they can utilize the massive liquidity brought about by forced liquidations to harvest their opponents while quickly completing the chip exchange. For the main players, this is a low-risk, high-reward 'optimal solution'; for ordinary investors, it is a 'life and death situation' that must be approached with caution.
The giant whale's position adds variables, vigilance is required on the eve of the storm.
Adding insult to injury, the movements of the giant whale 'Brother Maji' make this storm even more uncertain. It is reported that he holds 125 million USD worth of long ETH positions, with leverage as high as 25 times—this level of high-leverage position is like a 'heavyweight counterweight' in the market. Once prices fluctuate significantly, not only may it trigger a chain reaction, but it will also affect the follow-up decisions of other funds, further amplifying the extremity of the market.
Now, the liquidation battle for ETH has entered the 'countdown phase', and extreme market conditions could erupt in an instant. It must be reminded that you should not wait until positions are liquidated and losses are irreversible to regret it! Follow me for real-time market analysis and risk warnings, locking in escape or layout opportunities 3 seconds in advance to preserve your principal and seize opportunities in this storm!#美联储降息预期