[BlockBeats] On December 7th, Coinglass data revealed an interesting phenomenon—
Ethereum is currently stuck in a subtle position. Looking upward, if the price breaks through $3,100, shorts across major exchanges could be in trouble, with cumulative liquidation strength reaching $565 million.
But what about the other way around? If Ethereum fails to hold the $3,000 mark, bulls will also have a tough time, with liquidation strength around $471 million.
It’s worth clarifying that the so-called liquidation strength chart doesn’t tell you how many contracts are waiting to be liquidated or exactly how much will be liquidated. What it actually shows is the relative importance of each price range—that is, how intense the market reaction might be.
The higher the bar, the more intense the chain reaction will be if the price hits that level. Liquidity will surge like a tidal wave, pushing prices to fluctuate further. In these situations, market sentiment often gets amplified.
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SchrodingerAirdrop
· 12-09 02:42
3000 to 3100 is a meat grinder—both sides will get wrecked.
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FromMinerToFarmer
· 12-08 20:33
The 3000-3100 range is indeed a meat grinder—whoever touches it gets wrecked.
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ArbitrageBot
· 12-07 22:15
It's stuck between 3000 and 3100 like this—whoever makes a move will get blown up.
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SnapshotLaborer
· 12-07 05:57
The 3000-3100 range is really a meat grinder; both bulls and bears will get wiped out.
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BlindBoxVictim
· 12-07 05:57
The 3000-3100 range is really a meat grinder; no one can escape.
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CryptoWageSlave
· 12-07 05:52
The 3000 to 3100 range is really like licking blood off the blade—both sides are waiting to feast.
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BearWhisperGod
· 12-07 05:52
Stuck between 3000 and 3100 like this—who's going to give in first?
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DAOTruant
· 12-07 05:50
The 3000 to 3100 range is really a meat grinder, with large orders waiting on both sides.
Ethereum is stuck in the $3,000-$3,100 range, with nearly $1 billion in liquidation pressure waiting to be triggered.
[BlockBeats] On December 7th, Coinglass data revealed an interesting phenomenon—
Ethereum is currently stuck in a subtle position. Looking upward, if the price breaks through $3,100, shorts across major exchanges could be in trouble, with cumulative liquidation strength reaching $565 million.
But what about the other way around? If Ethereum fails to hold the $3,000 mark, bulls will also have a tough time, with liquidation strength around $471 million.
It’s worth clarifying that the so-called liquidation strength chart doesn’t tell you how many contracts are waiting to be liquidated or exactly how much will be liquidated. What it actually shows is the relative importance of each price range—that is, how intense the market reaction might be.
The higher the bar, the more intense the chain reaction will be if the price hits that level. Liquidity will surge like a tidal wave, pushing prices to fluctuate further. In these situations, market sentiment often gets amplified.