Ethereum sways in the liquidation storm: Breakthrough 3300 or fall below 3150, 8 billion-level risk awaits to ignite

2026-01-06 12:07:17

Ethereum is currently positioned between two key liquidation points, forming a high-risk zone. According to the latest news, if ETH breaks above $3300, the total short liquidation strength will reach 8.09 billion; conversely, if it falls below $3150, the total long liquidation strength will reach 10.53 billion. The current ETH price is $3236.56, only 60-80 dollars away from these two points, and the market is building momentum within this narrow range.

The True Meaning of Liquidation Points

What is liquidation strength

The “liquidation strength” mentioned in the news is not an exact count of contracts pending liquidation or the value of contracts being liquidated, but an indicator measuring the relative importance of each liquidation cluster. Higher liquidation strength means that when the price reaches that level, due to liquidity waves, the market will react more intensely.

Symmetry of Bidirectional Pressure

Interestingly, the liquidation strength in both directions shows a clear asymmetry. The short liquidation strength above $3300 is 8.09 billion, while the long liquidation strength below $3150 is 10.53 billion. This indicates that downward liquidation pressure is slightly greater than upward pressure, but both sides pose significant liquidity risks.

Current Market Context Reinforces Risk

ETH has risen 8.80% over the past 7 days, with a 24-hour increase of 1.78%. This rally has pushed the price close to the upper liquidation point. Against the backdrop of a global market rally where Bitcoin has broken through $93,000, this bullish trend in risk assets provides some support for ETH to continue breaking above $3300.

At the same time, Ethereum’s fundamentals are improving. Since the Fusaka upgrade, new addresses have increased by 110%, and stablecoin transfer volume has hit a record high of over $8 trillion. These indicators suggest that market demand for Ethereum is steadily increasing. Such fundamental support may increase the likelihood of breaking above the upper level.

What Traders Should Focus On

Price Level	Liquidation Direction	Liquidation Strength	Market Implication
Above $3300	Short liquidation	8.09 billion	Short sellers forced to close positions, potentially pushing prices higher
$3236.56 (current)	Risk zone	-	Between two pressure points
Below $3150	Long liquidation	10.53 billion	Long traders forced to close positions, potentially pushing prices lower

The uniqueness of this zone lies in the fact that whether the price breaks upward or downward, it will trigger significant chain reactions of liquidations. For traders, these two levels are critical risk points to monitor closely.

Summary

Ethereum is currently at a highly sensitive technical position, with 8-10 billion levels of liquidation strength waiting to be triggered on both sides. Against the backdrop of a global market rally and improving fundamentals for ETH, the probability of an upward breakout is relatively higher. However, this also means that if the breakout fails, a downward pullback could trigger larger long liquidations. For any market participant watching ETH’s movement, the performance around the $3300 and $3150 levels will be key to determining the short-term trend.

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