Ethereum price movements face a critical scenario: with the current quote at $2.65K, any significant fluctuation could trigger waves of liquidation on major trading platforms. According to data collected by Coinglass and released via ChainCatcher, a retreat of Ethereum below $2.805 would generate an accumulated pressure of $837 million in long positions, while a rise above $3.100 would trigger $723 million in short position liquidations. These movements reflect the inherent volatility of the crypto market and highlight the importance of monitoring critical liquidation levels. Traders should
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