2026-01-11 11:25:15

Looking at the recent Ethereum trend, several key price levels are particularly worth paying attention to. Data shows that what happens when ETH breaks through the $3,230 mark? Short positions on mainstream exchanges face a liquidation pressure of $480 million. Such a liquidation wave often triggers a chain reaction—bullish sentiment surges, funds follow the trend into the market, and the price could be pushed even higher.

Conversely, if ETH breaks down below the $2,955 support line, bulls will also face a tough situation—liquidation strength is again $480 million. At that point, market sentiment will rapidly shift, with panic selling following closely behind, and the downward trend may reinforce itself.

In simple terms, these two price levels are like two nerves of the market. Touch either one, and the market will experience intense volatility. For traders, this is both a risk and an opportunity. Keep an eye on the movements around these key points, set proper stop-losses, and you might seize opportunities amid the fluctuations or avoid getting caught in a downturn.

ETH-0,38%

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FromMinerToFarmer

· 01-11 18:50

The price levels of 3230 and 2955 are really razor-thin, with 480 million in liquidation pressure ready to explode at any touch.

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LayerZeroHero

· 01-11 11:55

Once again, it's this kind of argument that "two price levels determine life and death." I bet five dollars that ETH is just trying to mess with your mindset by repeatedly bouncing between the middle.

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0xInsomnia

· 01-11 11:47

3230 and 2955 are two key levels; whoever breaks first will have the final say.

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MetaverseLandlady

· 01-11 11:46

3230 and 2955 these two levels really need to be watched closely, or else they could be smashed at any moment. Once a liquidation wave is triggered, it becomes a self-perpetuating cycle that can't be stopped. This round of market movement truly tests psychological resilience. I think it's still important to strictly follow stop-loss rules, or else you'll be easily cut. I previously got trapped because I didn't set my stop-loss properly, but I’ve learned my lesson this time. A liquidation volume of 4.8 billion is no small number; the volatility space is quite large. When both key levels are simultaneously excited, it indicates that a major market move is coming. It's basically a repeated probing between 3230 and 2955, seeing who breaks first. I want to wait for a clear direction; right now, this position is too awkward. Once the liquidation wave starts, retail traders' quick fingers won't be able to react in time, so proactive positioning is necessary. The support and resistance levels are so close in strength, indicating that the market is still in a tug-of-war.

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GetRichLeek

· 01-11 11:35

Oh my, it's these two nerve-wracking levels again. Last time, I cut at the bottom around 3230, and I suffered a huge loss that I still haven't recovered from.

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BearMarketSurvivor

· 01-11 11:28

The 3230 and 2955 lines are basically the two doors of the slaughterhouse – don't expect to walk away unscathed.

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