Ethereum price trends are becoming a short-term market focus. If the price falls below $2900, the cumulative liquidation of longs on major exchanges will reach $802 million; conversely, if it breaks above $3000, the short liquidation intensity could reach $228 million.
Meanwhile, deeper macroeconomic factors are changing. Bitcoin has pulled back after reaching a historic high in October, but market skepticism towards the dollar system is growing—analysts generally believe that the dollar faces structural depreciation pressure. Interestingly, the continued appreciation of gold and silver over the next few years may create new growth opportunities for risk assets like Bitcoin. This asset rotation and shift in risk sentiment are worth close observation.
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ExpectationFarmer
· 8h ago
The 2900 level is a psychological barrier; whether it breaks or not will determine how many people get liquidated.
Talking about the dollar depreciation again, fine, I’ve already gone all in on gold anyway.
Only 2.28 billion in shorts? That number is too mild; it feels like next month will be very exciting.
Macro factors definitely need to be closely watched; otherwise, you’ll be passively hit by this wave of asset rotation.
BTC has come back from the high point, and ETH is really stuck here now... just waiting for that 3000 drop.
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ParanoiaKing
· 12-26 19:19
2900 and 3000 just go back and forth like this, really speechless. Maybe I'll wait for gold to take off first.
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ConsensusBot
· 12-26 14:50
Breaking 2900 will trigger a liquidation of 800 million. This leverage strategy is really exciting.
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GasFeeAssassin
· 12-26 14:47
2900 is really a key level. Once it breaks below, the bulls will be liquidated in an explosive manner.
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AirdropGrandpa
· 12-26 14:46
Are 2900 and 3000 really that important? Anyway, I'm waiting for Bitcoin to hit a new high before taking action.
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HallucinationGrower
· 12-26 14:44
The lines at 2900 and 3000 are really a bit spooky, feeling like they keep teasing us around these two price levels.
The dollar system is becoming more and more outrageous, no wonder everyone wants to buy the dip in gold and Bitcoin.
Such a large liquidation scale? Retail investors should still be cautious.
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GateUser-addcaaf7
· 12-26 14:39
Between 2900 and 3000, there's over 800 million in blood. This wave of market movement is quite fierce.
Ethereum price trends are becoming a short-term market focus. If the price falls below $2900, the cumulative liquidation of longs on major exchanges will reach $802 million; conversely, if it breaks above $3000, the short liquidation intensity could reach $228 million.
Meanwhile, deeper macroeconomic factors are changing. Bitcoin has pulled back after reaching a historic high in October, but market skepticism towards the dollar system is growing—analysts generally believe that the dollar faces structural depreciation pressure. Interestingly, the continued appreciation of gold and silver over the next few years may create new growth opportunities for risk assets like Bitcoin. This asset rotation and shift in risk sentiment are worth close observation.