I just noticed that Ethereum is approaching important price levels that could trigger a large liquidation wave. According to data from major centralized exchanges, if ETH surpasses $2,100, approximately $896 million in short positions will be liquidated. Conversely, if the price drops below $1,900, the accumulated long positions will face about $650 million in liquidations.



The interesting part here is the so-called "liquidation chart" — it doesn't display exact numbers but shows the significance of each price zone. The higher "bars" on the chart mean that when the price hits those levels, there will be stronger reactions from liquidity waves. In other words, these are "hot spots" traders should pay attention to.

Currently, ETH is around $2.32k, so we need to watch whether it can break through or will be pulled back. Either way, these levels will pose significant challenges for the market.
ETH-3.48%
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