Recently, the focus of the Crypto Assets market has shifted back to Ethereum. According to internal industry analysis, the price trend of Ethereum may trigger large-scale liquidation events.

If the price of Ethereum breaks through the 4400 USD mark, the cumulative short positions on major centralized exchanges (CEX) may face liquidation risks of up to 928 million USD. This figure is significant enough to raise high alert in the market.

On the other hand, if the price of Ethereum falls below $4200, bullish investors will also face immense pressure. In this case, the cumulative long positions could face liquidations of up to $705 million.

This data comes from the market clearing chart, which shows the potential impact of different price points on market liquidity. The higher the clearing column, the more intense the market's reaction to price changes may be around that price point.

This bidirectional clearing pressure highlights the current high volatility and uncertainty in the Ethereum market. Investors need to closely follow price trends and manage risks effectively. At the same time, this also reflects the high leverage characteristics of the Crypto Assets market, reminding participants to operate cautiously and avoid excessive risks.

As the market continues to evolve, similar price sensitivity points may frequently arise. For long-term investors, understanding these potential market turbulence points helps in formulating more robust investment strategies. For exchanges and market makers, this data assists in optimizing their risk control mechanisms and maintaining market stability.

In any case, it is crucial to remain calm and rational in such a volatile market environment. Investors should allocate their assets reasonably based on their own risk tolerance and avoid being swayed by short-term market fluctuations.