Standard Chartered expects Ethereum to rebound after falling to $1,400, with a year-end target price of $4,000.

Data: If ETH breaks above $2,000, the total liquidation strength of mainstream CEX short positions will reach $730 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,000, the total liquidation strength of mainstream CEX short positions will reach $730 million. Conversely, if ETH drops below $1,824, the total liquidation strength of mainstream CEX long positions will reach $377 million.

ETH drops below 1900 USDT

Gate News bot message, Gate market display, ETH drops below 1900 USDT, current price 1899.78 USDT.

Data: In the past 24 hours, the total liquidation across the network was $275 million, with long positions liquidated at $153 million and short positions at $123 million.

In the past 24 hours, the total liquidations worldwide reached $275 million, involving 117,532 people. Bitcoin long and short positions were liquidated for $54.11 million and $53.58 million respectively. The situation for Ethereum is also not optimistic, with the largest single liquidation on the Hyperliquid platform reaching $11.86 million.