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Key levels have appeared, and ETH is about to trigger a chain reaction
Currently, ETH is in a sensitive range. If it falls below $2,124, the total liquidation scale of long positions on major exchanges will reach $1.23B.
And if it breaks above $2,345, the short position liquidation scale will also reach $787 million.
This means that no matter which way the price moves, it could trigger a round of "passive driving" acceleration.
When the liquidation zone is ignited, the trend often becomes less gentle.
What truly matters is never the price itself, but what it will trigger next. #Gate上线Pre-IPOs #原油小幅上涨 #Gate现货衍生品双双冲进全球前三 $FUN $NOM $SOON