$ETH could trigger $1.09 billion in cumulative short liquidations on major centralized exchanges if it breaks above $2,845. According to ChainCatcher, Coinglass data also shows that if ETH falls below $2,577, cumulative long liquidations on major CEXs would reach $847 million.

$ETH is at a critical level, with $2,845 as key resistance and $2,577 as major support. A breakout above $2,845 could trigger strong short liquidations, while a drop below $2,577 may increase long liquidations. Traders should watch these levels carefully and manage risk.

ETH

2,718.82

+0.49%