2026-01-08 15:26:08

Ethereum is currently at a critical juncture, with market liquidity concentrated in two key areas. Once ETH breaks through $3,248, the total liquidation of short positions on mainstream exchanges will reach $1.747 billion, further strengthening upward momentum. On the other hand, if the price falls below the $2,965 support level, long position holders will face a liquidation pressure of $969 million. Both figures are significant, indicating that market participants are highly divided on ETH's future direction. Whichever way it breaks, it could trigger a chain reaction. Other major cryptocurrencies like SOL are also watching the performance at this critical moment.

ETH-1.92%

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DegenGambler

· 01-11 15:15

Here we go again talking about liquidations. 1.7 billion in short positions sounds intimidating, but what's the actual probability of breaking through 3248? --- Oh my, the volatility is so intense, it feels like a casino. I think I'll just wait and see. --- Are these the only two key positions? It seems like there are other tricks that haven't been uncovered yet. --- Following SOL has become a routine; are they just mocking ETH? --- Is the 969 million liquidation pressure significant? It all depends on who panics first. --- Every time, they talk about critical stages, and the tactics are the same. Just waiting for the main players' moves. --- The divergence in this market trend is indeed significant. I'm prepared for both outcomes.

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MerkleDreamer

· 01-11 03:12

1.747 billion short positions? Haha, this just got interesting. Let's see if we can break through this barrier.

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HorizonHunter

· 01-10 23:31

Look at this liquidation scale... A $1.7 billion short position is about to explode, and the bulls also need to watch out for the $900 million cutthroat. This is a game of strategy.

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FOMOSapien

· 01-08 15:55

This situation is hanging in the balance, with 1.7 billion in short positions versus over 900 million in long positions. It all depends on who can't hold on first.

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ParallelChainMaxi

· 01-08 15:51

Wait, 1.7 billion in short positions liquidated? If that's really broken through, that must be so exciting!

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BridgeNomad

· 01-08 15:51

ngl, those liquidation levels are giving me flashbacks to the 2020 luna bridge exploit... $17.47B in shorts getting liquidated? that's the kind of cascading collapse that breaks routing protocols. seen it before, won't end well for someone.

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ProofOfNothing

· 01-08 15:42

1.7 billion short position liquidation? Bro, this move is either going to be crazy or bloodbath.

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StablecoinGuardian

· 01-08 15:41

Wait, $1.7 billion in short positions liquidated? As soon as I saw that number, I knew a change was coming. The gamblers are all ready and prepared.

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PumpDoctrine

· 01-08 15:33

Wow, the liquidation scale this time is really outrageous, 1.747 billion and 969 million just sitting there. Who dares to move?

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MEVSandwichVictim

· 01-08 15:28

Damn, a $1.7 billion short position liquidation? This has to blow up now. Wait, if it drops below 2965, the bulls will also get wiped out, with over 900 million in liquidation... This is a classic chop zone. Is it going to break through 3248 or crash below 2965? Feels like the exchanges are just waiting to harvest. SOL is just watching the show on the side, really interesting.

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