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ETH Breaks Through Key Levels: Liquidation Battle Imminent
ETH's current price faces a critical point. If it breaks above $2,424, the liquidation of short positions on major centralized exchanges (CEX) will reach an intensity of $761 million. Conversely, if it falls below $2,211, the long position liquidations will hit $689 million.
These price levels suggest the market could experience significant capital fluctuations. Once liquidations occur, the market will move rapidly.
Investors should constantly monitor these key price ranges, as potential liquidation waves could bring unexpected opportunities or risks.