$ETH $3900 as a life-and-death line? Liquidation alarm sounded!
A reminder must be given to everyone: once #ETH touches $3900, the liquidation intensity of short positions on mainstream exchanges will soar to $1.562 billion—this is not an ordinary liquidation, but a warning of collective collapse of leveraged funds!
Don't get it wrong, liquidation intensity ≠ simple amount, it is more like a fuse: the higher the value, the more densely leveraged funds are piled up at this price level. Once it breaks $3900, the short stop-loss orders will be instantly triggered, and the automatic liquidation programs will frantically buy and push up the price, directly triggering a "short squeeze" death spiral!
Adding to this are positive factors like network upgrades and expectations of ETF approvals; if the resistance zone of $3900 is eaten away by trading volume, the space above $4000 will be instantly torn open.
The operational strategy is very clear:
- If $3900 is broken with volume, you can lightly follow the trend
- If the $3700 support is lost, immediately tighten stop-loss to save yourself
This wave of ETH volatility may shake the market three times! Hurry up and follow Di Ge's operational thinking!!!