Data: If ETH drops below $2,088, the total long liquidation strength on major CEXs will reach $897 million.

2026-02-04 14:00:57

ChainCatcher Message: According to Coinglass data, if ETH drops below $2,088, the total liquidation strength of long positions on major CEXs will reach $897 million. Conversely, if ETH breaks above $2,304, the total liquidation strength of short positions on major CEXs will reach $618 million.

ETH-3.68%

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ChiveFlowers

· 2h ago

It looks like this trend is heading towards a bullish liquidation phase 😂, and the bulls are about to be completely shaken out. The market seems to be nearing the end of this upward correction, with many investors starting to worry that the rally might be over. It’s a sign that the trend may soon reverse, and those holding long positions should be cautious. The overall momentum suggests that a significant change could be imminent, so stay alert and watch for potential shifts in the market dynamics.

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