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Will ETH Liquidate Longs or Shorts First? 🈯🈯👉👉 Genius traders, please leave your predictions
1. Strong liquidation of longs (drop triggers, long positions forced liquidation)
- First strong liquidation level: $2200-$2210
Break below triggers $837 million long forced liquidation, a critical short-term support line for longs, with extremely high chain reaction risk
- Second strong liquidation level: $2170-$2180
Break below triggers $824 million long liquidation, mid-term trend directly weakens
- Ultimate strong liquidation level: $2040, the round number, breaking below signals a deep correction
2. Strong liquidation of shorts (rise triggers, short positions forced liquidation)
- First strong liquidation level: $2410-$2420
Break above triggers $403 million short forced liquidation, short-term short squeeze momentum starts
- Second strong liquidation level: $2450-$2460
Break above triggers $1.47B short liquidation, upward space fully opens
- Ultimate strong liquidation level: $2560-$2570, mid-term long target resistance
3. Current core fluctuation range
$2350-$2380, no strong liquidation within this range, a high-level battle zone for longs and shorts; stabilize above $2400 to confirm a short squeeze, break below $2320 to start a correction $ETH