In the last 24 hours, a total of 156,295 people globally have been liquidated, with a total liquidation amount of $345 million. The largest single liquidation occurred on Binance - ETHUSDT worth $2.6406 million. Currently, ETH is hovering between 2530-60, and if the price falls below 2505, it will trigger a liquidation of 1.35 trillion long positions, exacerbating the market decline. If the price breaks above 2661, it will trigger a liquidation of 426 million short positions, further driving market sentiment. Currently, it is recommended to short below 2505 and go long above 2661, observing whether it can stabilize above 2800, and remember to set a stop loss.