Higher leverage ratios around $3,000 show increasing pressure; liquidations for long positions hit $29.23 million compared to $2.85 million for shorts. Ethereum’s reserves grew by 4.65% to $47.59 billion, suggesting potential selling risk.
The liquidity heatmap suggests a vulnerability below $3,000, with both bullish and bearish positions heavily stressed. As ETH nears this threshold, any small price movement may provoke a significant reaction, putting the market on edge.
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