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#密码资产动态追踪 Ethereum stuck at $3100, seemingly calm but undercurrents are surging
Ethereum is oscillating around $3100, appearing tranquil on the surface, but in fact a strange silence before a big storm.
Underlying risks are deeply concerning — over $900 million in long positions are pressing against the $3000 support, while over $1.1 billion in short positions are holding firm above $3200. These two price levels are not only technical key points but also the "deadly points" for both bulls and bears.
Adding to the trouble, current market liquidity has been halved compared to the previous rally, with a decline of over 60%. A small pond suddenly hosting an aircraft carrier—any ripple could capsize the boat.
The real dangerous scenario looks like this:
Once touching one of these levels, the waterfall effect of forced liquidations will amplify normal fluctuations by several times, causing a large number of positions to evaporate instantly.
If it falls below $3000, the bulls' lifeline collapses. Chain reactions of liquidations will trigger a wave after wave of sell orders, creating a liquidity gap that makes rebounds extremely difficult, greatly increasing the chances of further declines.
If volume breaks through $3200, a short trap is triggered. Forced liquidations will initiate a short squeeze, as shorts run, prices rise, and more are liquidated — this vicious cycle will be infinitely magnified in a liquidity-starved environment.
How to survive? Remember these:
1. Heavy betting on direction is slow suicide. Stay humble; survival is the most important.
2. Set stop-loss for longs at least 50 points below $3000. For shorts, stop-loss above $3200. Breakouts mean run, don’t hesitate.
3. Leverage over 5x is basically gambling with your life. At this leverage, one liquidation means everything — don’t be the "cannon fodder" in the liquidation army.
Long-term traders survive not by luck, but by strong execution and discipline. Stop-loss when needed, reduce positions when necessary, learn to challenge your own trading rules — only then will the market give you a way out.