🔥 Liquidation Tension Rising on Ethereum!

ETH is currently fluctuating around the $3,639 level.

However, this calm could be the calm before the storm. Leveraged positions have reached critical thresholds.

📊 According to Coinglass data:

– Short liquidation risk: $2.96B (threshold: $4,101)

– Long liquidation risk: $2.24B (threshold: $3,259)

In an upward breakout, a move toward the $4,100 region could trigger a chain reaction of short liquidations.

On the downside, long positions are at risk around the $3,250 level.

#Liquidations

In total, nearly $5 billion in leveraged positions are poised to be triggered.

A sudden move within this narrow range could create a domino effect in the market.

💬 So, which direction do you think $ETH will take?

Will it surge upward or plummet downward? Share your thoughts in the comments below 👇