【Blockchain Rhythm】Ethereum’s recent market fluctuations have attracted attention, especially around the liquidation expectations at several key price levels. According to data from Coinglass, market participants need to pay attention to two important price markers.
If Ethereum’s price drops below $3000, the accumulated long contracts on mainstream exchanges will face liquidation pressure, with an estimated liquidation strength reaching $1.001 billion. Conversely, if Ethereum breaks above $3300, the liquidation strength of short positions will concentrate around $638 million.
It is important to clarify the meaning of “liquidation strength” here. The liquidation chart does not show the exact number of contracts pending liquidation or specific liquidation values, but rather uses the height of the bars to represent the relative importance of liquidation risk in different price ranges. In other words, the higher the bar, the more significant the market impact caused by rapid liquidity changes at that price level. Therefore, when viewing the liquidation chart, taller bars indicate that when the price reaches that level, it will trigger a stronger chain reaction.
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GasFeeCrier
· 01-12 08:58
The $3,000 level is indeed risky; a billion-dollar clear account is not a small number.
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RamenStacker
· 01-12 08:57
3000 or 3300, anyway I got caught in the middle and got cut.
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ContractHunter
· 01-12 08:53
Positions at 3000 and 3300 definitely need to be watched closely. A liquidation volume of 1 billion isn't too big or too small; it mainly depends on who gets liquidated first.
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0xOverleveraged
· 01-12 08:40
Cookies sandwiched between 3000 and 3300, whoever moves first will be the unlucky one.
Ethereum breaks through key levels, an overview of futures liquidation risks
【Blockchain Rhythm】Ethereum’s recent market fluctuations have attracted attention, especially around the liquidation expectations at several key price levels. According to data from Coinglass, market participants need to pay attention to two important price markers.
If Ethereum’s price drops below $3000, the accumulated long contracts on mainstream exchanges will face liquidation pressure, with an estimated liquidation strength reaching $1.001 billion. Conversely, if Ethereum breaks above $3300, the liquidation strength of short positions will concentrate around $638 million.
It is important to clarify the meaning of “liquidation strength” here. The liquidation chart does not show the exact number of contracts pending liquidation or specific liquidation values, but rather uses the height of the bars to represent the relative importance of liquidation risk in different price ranges. In other words, the higher the bar, the more significant the market impact caused by rapid liquidity changes at that price level. Therefore, when viewing the liquidation chart, taller bars indicate that when the price reaches that level, it will trigger a stronger chain reaction.