Ethereum faces $900 million liquidation pressure at $3,000 and $3,200 — Two critical thresholds every trader must know

【Blockchain Rhythm】Ethereum price fluctuations are currently facing two major liquidation critical points. According to the latest data from Coinglass, if ETH drops below the $3000 level, long positions on mainstream exchanges will face a cumulative liquidation pressure of 8.82 billion; conversely, if Ethereum breaks through $3200 strongly, shorts will encounter a liquidation wave of 9.35 billion.

What do these two numbers mean? Simply put, the higher the liquidation intensity number, the more violent the chain reaction triggered when the price reaches that level. Higher liquidation bars indicate that liquidity waves could cause more intense market volatility — this could be a rapid decline or a quick rise.

From another perspective, the liquidation chart actually shows how much the price will be “hit” at different levels. The $3000 and $3200 levels are like two sensitive nerves in the market; once touched, they will trigger a chain reaction of large automatic liquidation orders. For contract traders, these data are sufficient to assess the distribution of risks and opportunities.