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Understand the ETH liquidation logic clearly. How to trade in a volatile market
Latest liquidation data shows that 2260 will trigger $900 million in short liquidations, while 2049 corresponds to $650 million in long liquidations. There are large liquidation walls on both sides, indicating intense short-term bulls and bears battles. The price is likely to fluctuate within a wide range. Without a volume breakout above 2260, a sustained bullish trend is unlikely; breaking below 2049 could easily trigger a cascade of liquidations.