2026-01-16 19:26:17

Based on on-chain data analysis, Ethereum is currently in several key price ranges. If ETH can break through the $3,444 level, short positions on mainstream exchanges will face concentrated liquidations, with a total strength of up to $1.404 billion — what does this mean? Market liquidity will be impacted. Conversely, if ETH drops below $3,126, bullish traders will face tests, with long liquidation strength on mainstream CEXs reaching $951 million. In other words, whether breaking above or below these two key levels, it could trigger a wave of liquidations. For traders, these figures are not only price targets but also represent the market's leverage distribution and risk concentration zones.

ETH1,32%

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.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

NftBankruptcyClub

· 2h ago

Just looking at these numbers makes my scalp tingle; a liquidation volume of $1.4 billion can explode with a single wave. Both bears and bulls are having a tough time; just waiting to see who gets liquidated first. Between 3444 and 3126 is a meat grinder—that's what Ethereum is like right now. With such aggressive leverage stacking, a wave of liquidations is bound to happen sooner or later.

View OriginalReply0

ProxyCollector

· 01-16 19:56

1.4 billion in liquidation volume? This wave is full of knives, no one can sleep peacefully. Whether 3444 breaks or not really determines life or death, a nightmare for bears or a lifeline for bulls. These two levels are like the market's Achilles' heel; a single poke can throw everything into chaos. Contract traders now need to be extremely cautious; even a slight leverage increase could get them liquidated. The liquidation wave is coming this time, I bet a follow is not a false alarm.

View OriginalReply0

BearMarketBuilder

· 01-16 19:53

Haha, a $1.4 billion liquidation feast, things are getting lively now. 3444 and 3126, we're stuck in the middle, it's really tough for us. Both bears and bulls have to kneel, truly a fair competition. This leverage game, sooner or later, debts will have to be repaid. Waiting to see who gets爆破 first, but I bet the top will collapse first.

View OriginalReply0

ImpermanentPhobia

· 01-16 19:53

It's the same kind of sandwich bread market again, with thunderstorms both above and below... $1.4 billion in shorts liquidated, $950 million in longs liquidated, and just a tiny space for us to move? This market is just a big poker table. --- 3444 or 3126, anyway I have to follow the big players, this trade is pointless. --- The liquidation wave is coming, let's see who gets caught on the floor... --- Typical two-sided attack, exchanges love to squeeze traders like this, I’ll just lie flat. --- The problem is whether it will immediately reverse after breaking through... that’s the hardest part. --- Basically, it's two slaughterhouses, one above and one below, choosing which death method doesn't matter. --- $1.4 billion for shorts, that number is scary, right? I just want to see how many people dare to try.

View OriginalReply0

SquidTeacher

· 01-16 19:45

$1.4 billion in liquidation volume? Now this is interesting, the bears should be nervous. --- Breaking through 3444 is definitely a good time to cut some losses. I bet 5 bucks it will plunge. --- A two-way squeeze, both longs and shorts have to die. This is what the exchange wants. --- Another wave of liquidations, another risk concentration... It’s giving me a headache. Still, I’ll keep holding. --- Wow, the leverage distribution this time is so outrageous. No wonder there are daily margin calls. --- Over 950 million in longs liquidated? The shorts made a big profit this time. I’m just watching. --- So now it’s just waiting for a breakout? It’ll probably turn into a mess again. --- This price range sounds nice, but it’s really just a bowling pin for big funds to harvest.

View OriginalReply0

blockBoy

· 01-16 19:41

How dare I place such a big order? Just look at these liquidation data—it's frightening. Once again caught in the middle and eaten alive. Whose knife is sharper? 1.4 billion in shorts liquidated... Is the big player planning to go big this time? Dancing between 3444 and 3126, I choose to watch the show. Feels like another spike is coming. Everyone, fasten your seatbelts. That's why I only dare to play small. The game for big players is too brutal. Is the liquidation wave coming, or is it just a false alarm?

View OriginalReply0

NervousFingers

· 01-16 19:29

Over 30 billion in liquidation volume? If this crashes, it’s going to hurt a lot. --- It’s stuck between 3444 and 3126, lying flat is the safest. --- Another situation where "both sides can liquidate people," I’ll just watch the show quietly. --- The higher the leverage, the more likely someone will get wiped out. --- Liquidity shock? To put it nicely, it’s a slaughter of retail investors. --- Which side to bet on? Honestly, who the hell can predict it correctly?

View OriginalReply0