Ethereum key price levels analysis: The liquidation suspense between $3,200 and $3,400

DAOplomacy · 2026-01-17T12:52:11+00:00

Recently, Ethereum is facing a key price resistance. If it falls below $3,200, long orders could be liquidated for up to $920 million; conversely, if it breaks above $3,400, short liquidations could reach $985 million. This shows the market's sensitivity to these two price levels, which could lead to sharp volatility.

DAOplomacy

2026-01-17 12:52:11

Abstract generation in progress

【Blockchain Rhythm】Ethereum has been quite volatile these days. According to the latest on-chain data, the situation is as follows—

If ETH falls below the $3,200 support level, long orders on major exchanges will be heavily liquidated, with total liquidation strength reaching 920 million. Conversely, once it breaks above $3,400, the shorts will face even tougher times, with liquidation strength soaring to 985 million.

What does this number mean? It doesn’t indicate how many contracts will be liquidated, nor is it an exact figure of liquidation amounts. Liquidation strength actually reflects how much market impact will occur after the price hits a certain level. You can think of it as—the taller the bar, the more intense the market reaction triggered by liquidity suddenly drying up at that point.

In other words, these two price levels are like “sensitive points” in the market. Crossing either one could trigger chain liquidations, leading to sharp market fluctuations. For traders involved in contracts, these data points are definitely worth paying attention to.

ETH-3.46%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
8
Repost
Share

Comment

0/400

FloorPriceNightmare

· 2h ago

9.8 billion in liquidation strength sounds frightening, but what’s truly terrifying is the moment of liquidity exhaustion...

View OriginalReply0

PumpStrategist

· 01-17 13:22

The liquidation intensity of 985 million... the pattern has formed, and these two price levels are indeed interesting. The distribution of chips shows both longs and shorts are on the edge; whoever breaks first admits defeat. Seeing this symmetrical distribution of liquidation intensity makes me laugh; it's a typical market messing around. The question is, after these data are out, have the retail investors already started betting on the direction? This wave of market movement showed signals a week ago. Only now seeing the liquidation intensity analysis is a bit of a delayed reaction. But we must respect the market; between 3200 and 3400 is just a game of probabilities. I find it hard to believe that the break points are so symmetrical; the more obvious the level, the easier it is to be swept. I suggest everyone approach this rationally and not get fooled by the data into going all-in. The liquidation intensities for both directions are close, indicating both sides are lurking. This is where it gets interesting—the moment liquidity dries up is the best time to watch the show.

View OriginalReply0

LiquidationKing