ETH Below $1,925 Could Trigger $623M Long Liquidations
- Liquidation Risk Threshold: Should Ethereum (ETH) fall below $1,925, the cumulative long liquidation intensity across mainstream centralized exchanges could reach $623 million, indicating a significant risk increase for leveraged traders as this figure reflects potential forced closures of long positions at this price level.
- Cluster Effect of Liquidations: The $1,925 mark serves as a cluster for liquidation prices, where many traders' collateral ratios deteriorate, potentially triggering forced liquidations that create market sell pressure, further driving prices down and increasing market instability.
- Market Dynamics Analysis: Historical instances show that when ETH approaches similar liquidation-dense zones, such as trading near $1,921 with a potential liquidation risk of $781 million, market sentiment and trader behavior significantly influence these thresholds, leading to rapid price fluctuations.
- Risk Management Strategies: Traders holding leveraged long positions near the $1,925 level face asymmetric risks, and it is advisable to reduce leverage exposure before reaching known liquidation clusters to limit forced closure probabilities, while waiting for market stabilization post-liquidation events before re-entering trades.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX). As of , Immutable (IMX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IMX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, IMX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.127 | 0.14 | 0.153 | 0.166 | 0.179 | 0.193 | 0.205 |
| Fibonacci | 0.14 | 0.15 | 0.156 | 0.166 | 0.176 | 0.183 | 0.193 |
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