Just checked the liquidation charts and ETH is sitting in a pretty tight spot right now. We're at $2.31K, and there's roughly $1.47 billion in short positions that could get wiped out if we push past $2,451. On the flip side, if price dips below $2,220, another $1.1 billion in longs are looking at forced liquidations across major CEXs. The liquidation bands are basically sandwiching the market right now - not a ton of room to move without triggering something. What's interesting is how much leverage is stacked around these levels. Traders are clearly betting hard on the direction, which usually means once one side breaks, it can cascade pretty quickly. Definitely keeping an eye on these zones if you're holding or trading. The stablecoin infrastructure on Ethereum is also tied into all this since it's being used as collateral for a lot of these positions, so liquidation pressure here could ripple into funding flows too.