#美联储降息 Ethereum's liquidation pressure on mainstream exchanges cannot be ignored. If it falls below the $2800 level, the total long liquidation could reach around 849 million. Conversely, if it stabilizes and breaks through $3000, the short liquidation risk could surge to approximately 659 million. This situation indicates that regardless of the direction, there is significant risk release.

Currently, the volatility of major cryptocurrencies like $ETH, $ADA, and $BNB is increasing, and market sentiment is swinging sharply between bullish and bearish. Changes in liquidation data often reveal more than price movements themselves—they reflect the fragility of leveraged positions. In such an environment, whether chasing longs or shorting, one must be cautious to avoid getting caught in the middle. Recent macroeconomic uncertainties are also increasing market volatility risks, so cautious operation is the best strategy.