Ethereum key price level liquidation data analysis: What happens if it falls below 2900 or breaks above 3100

2026-01-01 10:14:11

【Blockchain Rhythm】 Traders who have been paying attention to Ethereum’s price movements might be pondering the risks at key levels. According to on-chain data from Coinglass, the current liquidation situation in the market is quite noteworthy.

Specifically, if Ethereum drops below $2900, the liquidation intensity of long positions on major CEXs will accumulate to around 7.84 billion. Conversely, if Ethereum can break through $3100, the short position liquidation intensity will reach 9.23 billion.

Many beginners might have some misconceptions about the liquidation chart. This tool does not show the exact number of contracts pending liquidation, nor the precise value of the contracts being liquidated. The bars on the liquidation chart actually reflect the relative importance of each liquidation cluster compared to surrounding clusters — we call this “intensity.”

In other words, this chart shows how much impact the price reaching a certain level will have. The taller the bar, the more intense the market reaction due to rapid liquidity changes when the price hits that level. This is a very practical reference for futures traders.

ETH0,34%

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.

18 Likes

Reward
18
6
Repost
Share

Comment

0/400

GateUser-a5fa8bd0

· 01-03 23:17

If 2900 is broken, this bullish wave will be bloodshed. Breakthrough 3100 and the bears shouldn't run either; liquidation charts are the harshest trap for beginners. A tall candlestick ≠ necessarily a liquidation; everyone needs to understand this. I think it won't move much, just oscillating between 2900 and 3100. With such high liquidation intensity, the price will definitely play with fire around these levels.

View OriginalReply0

screenshot_gains

· 01-03 07:26

The levels of 2900 and 3100 definitely need to be closely watched, but to be honest, I still find the concept of liquidation intensity a bit confusing after reviewing it once. Short position liquidations amount to 923 million? If this bullish wave really crashes down, we'll have to see if anyone dares to take the risk. Most people actually don't understand what this intensity really means; just looking at the numbers here is pretty intimidating.

View OriginalReply0

BridgeJumper

· 01-01 10:43

Damn, we're again battling at the 2900 and 3100 levels, feeling like the market is just chopping up retail investors back and forth. Wait, is this liquidation data "strength" and not actual positions? Have I been misunderstanding this all along? A liquidation of 923 million in shorts is a bit scary, but it still doesn't seem that easy to break through 3100. Will 2900 really crash the market, or is it just a fake-out again? These data are useless for newbies anyway, they'll just get trapped in the end.

View OriginalReply0

MetaMisfit

· 01-01 10:43

2900 and 3100 are just stuck in the middle, don't move It's the same old liquidation data... Basically, it's whoever has more chips in the casino Feels like beginners shouldn't look at this kind of chart, as it might just wash them out 9.23 billion in short positions... Wow, this scale is a bit scary Liquidation intensity ≠ real data, keep that in mind, don't be fooled It's really about which side has more people, the larger side usually suffers more Waiting to see whether it breaks through 2900 or surpasses 3100 Everyone is waiting for that moment, feeling exhausted

View OriginalReply0

GasWaster69

· 01-01 10:42

Our fate hangs between 2900 and 3100. On one side, over 784 million longs are getting liquidated, while on the other, 923 million shorts are waiting. This market momentum is truly a test of courage.

View OriginalReply0

AirdropHermit

· 01-01 10:31

2900 is really a tough hurdle; with a liquidation volume of 784 million, a single hit can cause a explosion. Breaking through 3100, even bears will get hurt; this market looks really exciting. Newbies are still studying the liquidation chart, but I already see that it's just a relative strength indicator. It seems the bottom support isn't that solid; should I reduce my position to hedge against risks?

View OriginalReply0