2:23 AM Major Three Mainstream Coins Liquidation and Position Strategy Briefing
$BTC$ETH$SOL
Liquidation Situation
At dawn, the entire network liquidated about $48.72 million, with long positions at $27.83 million and short positions at $20.89 million, long liquidations dominating. An $8.35 million Binance ETH long position was liquidated at 2,250; SOL long liquidations exceeded $6 million in 24 hours, about three times the shorts; BTC 12-hour short liquidations reached $28.6 million, far exceeding long liquidations of $4.2 million, triggering short stop-losses during the rebound.
#美国中期选举在即，哪些结果值得关注？
Position Situation
BTC open interest is about $44.5 billion, down 1.2% in 24 hours, leverage contracting; accounts remain net long, but Binance active long trades are only 39%, showing significant divergence. ETH fell below 2,193, with potential long liquidation intensity reaching $634 million below. SOL open interest is about $4.395 billion, accounts are 78.6% long, active longs only 56.6%, indicating crowded long positions.
Strategy Direction
BTC focus on 78,724—79,012: only turn bullish if it holds above 79,012 and positions recover; if it falls below 78,724 and positions continue to shrink, expect weak consolidation. ETH risk observation at 2,193, with recent long liquidation near 2,250, not advisable to bottom-fish hastily. SOL defense at 94.35, strength turn at 96.04; if it falls below 94.35 and positions do not decrease, beware of deleveraging. Liquidity is thin at dawn, rebound mainly driven by short covering, waiting for key level confirmation
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