Just saw liquidation data from Coinglass, it turns out ETH has a critical level that could trigger massive liquidations on major CEXs. So CEX is the platform where most traders do leverage trading, and their data shows a large number of short positions accumulated at the $2,048 level. If ETH breaks through that level, there will be a short position liquidation worth around $869 million at once. Conversely, if ETH drops below $1,855, long position liquidations could reach $632 million. It's interesting, as this shows how volatile the market is right now. Moreover, ETH's price has already risen quite a bit, so it's just a matter of waiting to see if there will be a breakout or a pullback to those levels.