Key ETH Bull and Bear Levels: 3200 and 3050 Are the Hurdles—What Does the Liquidation Data Reveal?

2025-12-08 08:34:23

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[BlockBeats] The data from December 8 is quite interesting. According to Coinglass statistics, if ETH surges to the $3,200 mark, shorts across major exchanges will be wiped out—with total liquidation intensity reaching $746 million.

Looking downward? Keep an eye on the $3,050 level. If it breaks below that, longs will be in trouble, with liquidation intensity around $573 million.

It’s worth clarifying here: many people easily misunderstand liquidation charts. The height of those bars doesn’t show how many contracts are waiting to be liquidated, but rather reflects the “impact” or “damage potential” at each price level.

Simply put: when the price hits a certain level, it shows how strong a chain reaction could be triggered. The taller the bar, the greater the liquidity shock and the more intense the market volatility will be after hitting that price.

So, $3,200 and $3,050 can be considered fairly critical short-term dividing lines between bulls and bears.

ETH-3,93%

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