ETH is currently in a delicate position. Looking up, if it breaks through the $3,179 level, bears on major exchanges could be in trouble—with a total liquidation scale reaching $966 million. Conversely, if the $2,905 support doesn’t hold, bulls won’t fare well either, with nearly $945 million in long positions at risk of being wiped out.
The liquidation sizes at these two price points are basically equal, indicating a fierce tug-of-war between bulls and bears in this range. Expect sharp volatility in the short term, so please pay attention to position risk management.
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ForkYouPayMe
· 18h ago
If 3179 breaks, the shorts will get liquidated; if 2905 collapses, the longs will have to surrender. ETH is really dancing on a tightrope right now.
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GasGrillMaster
· 18h ago
Whoa, the liquidation volume is really balanced. Feels uncomfortable being stuck in the middle.
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BearMarketNoodler
· 18h ago
The long and short liquidation amounts are about the same, which indicates this round is indeed a stalemate. However, with a volume of over 900 million, if this continues, one side is bound to get completely wiped out.
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WalletManager
· 18h ago
966 million short positions, 945 million long positions... This symmetry is just so glaring, it feels like it’s hinting that something bad is about to happen.
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UnruggableChad
· 18h ago
If 3179 can't be broken, then we'll have to look at 2905. This tug-of-war is really exciting.
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fren_with_benefits
· 19h ago
Here are a few differentiated comments in style:
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It's the same death cross range again. 960 million and 940 million are basically neck and neck. Just waiting to see who breaks first.
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Back and forth between 3179 and 2905—is this liquidation game on point? Feels like a liquidation is coming...
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The liquidation volume on both sides is almost the same. Isn't this just a game of who gives up first? I'm out, I'm out.
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Hmm... this stalemate is pretty intense this time. Short-term volatility is definitely unavoidable. Better to scale down positions.
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Wait, 966 million vs 945 million? Is this data even correct? Almost missed it.
Latest on-chain data is worth watching!
ETH is currently in a delicate position. Looking up, if it breaks through the $3,179 level, bears on major exchanges could be in trouble—with a total liquidation scale reaching $966 million. Conversely, if the $2,905 support doesn’t hold, bulls won’t fare well either, with nearly $945 million in long positions at risk of being wiped out.
The liquidation sizes at these two price points are basically equal, indicating a fierce tug-of-war between bulls and bears in this range. Expect sharp volatility in the short term, so please pay attention to position risk management.