2026-01-09 05:24:32

According to the latest data from Coinglass, Ethereum is facing two key technical levels.

Once ETH breaks above $3,274, the total open short positions on mainstream centralized exchanges will surge to around $1.382 billion. Conversely, if Ethereum drops below $2,963, the short position pressure there will decrease to $1.115 billion.

These two figures reflect the market's disagreement on Ethereum's short-term trend — how strong the resistance from shorts above and the support from longs below are. For traders, these price levels and the corresponding position data are important references for observing market sentiment and liquidity distribution.

ETH0,06%

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GasWaster

· 16h ago

These two positions are quite tight, are the bears holding firm at 3274? --- Wait, is the 1.382 billion short position real... feels a bit虚 --- Dropping to 2963 can relieve pressure, so where is the ceiling for the bulls? --- It's the position data again, traders really rely on this to make a living --- 3274 and 2963, which of these numbers can be broken through? Can't bet anymore --- Are the bears defending strongly? Feels like it could be broken at any moment --- 1.382 billion sounds large, but what about actual liquidity? Not a big problem, right? --- That's why ETH has been so tense these past two days, stuck in the middle --- Looking at position distribution isn't as good as watching the movements of big wallets; this data is very lagging --- Again, two key levels. When there are too many key levels, none of them are really key

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FlashLoanLarry

· 01-09 05:52

honestly the liquidity depth at those levels is what actually matters here... 13.82B in shorts at 3274 sounds like theater without checking the actual order book granularity tbh

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SignatureAnxiety

· 01-09 05:50

3274, another death is coming, are the bears holding on tightly?

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SnapshotDayLaborer

· 01-09 05:40

3274 or 2963, players are now just waiting to see who is tougher.

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blocksnark

· 01-09 05:34

Are the bears holding tightly at 3274? Hey, if this wave breaks through, the bears are going to vomit blood. I believe ETH can push higher; it feels like someone is about to go all-in. It's both technical levels and positions, basically just seeing who is more ruthless. If 2963 drops... I have to close my position, damn it. 13.82 billion in short positions? That's quite a pressure; if it breaks, it's going to explode.

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Deconstructionist

· 01-09 05:32

3274 or 2963, honestly it all depends on who is more ruthless.

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WagmiAnon

· 01-09 05:30

The bears are about to hold on again, I feel pain just looking at the 1.382 billion.

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