š§ ETHEREUM LEVERAGE LANDSCAPE ā PAST 7 DAYS
The latest Coinglass chart reveals the distribution of unliquidated leveraged positions on ETH ā highlighting price zones that may trigger volatility if touched. The current price is marked at šŗ $3,821.2.
š WHAT THE DATA SHOWS
š¹ Red line: Total open Longs ā at risk if price drops
š¹ Blue line: Total open Shorts ā at risk if price rises
š¹ Vertical bars: Represent leverage concentration by price range (not already-liquidated positions)
š This is a risk map, pointing out zones where the market could "ignite" if price moves into them.
š„ HIGH-RISK PRICE ZONES
š $3,610 ā $3,670: Dense cluster of Long positions. If ETH drops into this zone, it may trigger a liquidation cascade.
š $3,880 ā $3,940: Contains a notable amount of Short positions. If ETH climbs past this area, a short squeeze could drive strong upside.
š Below $3,600: Many Longs still open. Losing this level could unleash further downside.
š PRICE ACTION & SIGNALS
š» Below $3,821: Longs remain at risk ā potential for selling pressure if price slips
šŗ Above $3,821: Shorts are exposed ā price breakout above $3,880 could spark forced buying
š” POTENTIAL SCENARIOS
ā”ļø Break above $3,880: Likely to trigger a short squeeze and fast upside
ā”ļø Drop below $3,610: Risk of Long liquidations and short-term price drop
ā ļø REMINDER
šø This chart does not reflect past liquidations
šø It maps out still-open positions that represent potential market pressure points
š Source: Coinglass ā real-time data
