Ethereum key price level liquidation data analysis: What happens if it falls below 2900 or breaks above 3100

2026-01-01 10:14:11

【Blockchain Rhythm】 Traders who have been paying attention to Ethereum’s price movements might be pondering the risks at key levels. According to on-chain data from Coinglass, the current liquidation situation in the market is quite noteworthy.

Specifically, if Ethereum drops below $2900, the liquidation intensity of long positions on major CEXs will accumulate to around 7.84 billion. Conversely, if Ethereum can break through $3100, the short position liquidation intensity will reach 9.23 billion.

Many beginners might have some misconceptions about the liquidation chart. This tool does not show the exact number of contracts pending liquidation, nor the precise value of the contracts being liquidated. The bars on the liquidation chart actually reflect the relative importance of each liquidation cluster compared to surrounding clusters — we call this “intensity.”

In other words, this chart shows how much impact the price reaching a certain level will have. The taller the bar, the more intense the market reaction due to rapid liquidity changes when the price hits that level. This is a very practical reference for futures traders.

ETH2,04%

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BridgeJumper

· 01-01 10:43

Damn, we're again battling at the 2900 and 3100 levels, feeling like the market is just chopping up retail investors back and forth. Wait, is this liquidation data "strength" and not actual positions? Have I been misunderstanding this all along? A liquidation of 923 million in shorts is a bit scary, but it still doesn't seem that easy to break through 3100. Will 2900 really crash the market, or is it just a fake-out again? These data are useless for newbies anyway, they'll just get trapped in the end.

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MetaMisfit

· 01-01 10:43

2900 and 3100 are just stuck in the middle, don't move It's the same old liquidation data... Basically, it's whoever has more chips in the casino Feels like beginners shouldn't look at this kind of chart, as it might just wash them out 9.23 billion in short positions... Wow, this scale is a bit scary Liquidation intensity ≠ real data, keep that in mind, don't be fooled It's really about which side has more people, the larger side usually suffers more Waiting to see whether it breaks through 2900 or surpasses 3100 Everyone is waiting for that moment, feeling exhausted

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GasWaster69

· 01-01 10:42

Our fate hangs between 2900 and 3100. On one side, over 784 million longs are getting liquidated, while on the other, 923 million shorts are waiting. This market momentum is truly a test of courage.

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AirdropHermit

· 01-01 10:31

2900 is really a tough hurdle; with a liquidation volume of 784 million, a single hit can cause a explosion. Breaking through 3100, even bears will get hurt; this market looks really exciting. Newbies are still studying the liquidation chart, but I already see that it's just a relative strength indicator. It seems the bottom support isn't that solid; should I reduce my position to hedge against risks?

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