The post Ethereum Price is Up 0.50% Today With a Risk of $6 Billion in Liquidations appeared on BitcoinEthereumNews.com.

Ethereum price is up 0.50% today following in Bitcoin’s (BTC) footsteps. But, data from CoinGlass shows that $6 billion will be liquidated if Ethereum (ETH) moves just a $1,000. With so much at stake, let’s explore what’s next for ETH, the second-largest cryptocurrency.  Ethereum Price Today Ethereum price is up 0.50% today and trades at $1,596. In the past three days, ETH’s value has coiled up inside the $1,538 to $1,613 range, indicating a significant drop in volatility. There are two short-term key levels to watch – $1,613 and $1,689, both of which are equal highs and resting above it are buy-side liquidity. Likewise, a move below $1,538 could trigger sell-side liquidity.Hence, these two key liquidation levels that investors need to watch in the short-term.  $6B in Ethereum (ETH) Positions at Liquidations at Risk According to CoinGlass data, there are two key levels to watch – $1,560 and $1,650, a retest of both these levels will lead to $6 billion in liquidations of both long and short positions. Due to the ongoing consolidation, positions are accumulating on either sides, which explains the huge amount of liquidation risk. Ethereum price prediction for 2025 remains neutral due to the sideways movement. Ethereum Price vs. Liquidation Levels In addition to these key levels, another $3 billion in short positions will face liquidation if ETH price reaches $1,911. On the flipside, $6 billion in long positions will be wiped if ETH hits $1,269.  Ethereum Technical Analysis & Forecast  Since April 9, Ethereum price has been trading between $1,385 and $1,689. Despite this large range, the lack of volatility and uncertain market conditions, ETH has formed an even tighter range that extends from $1,538 to $1,613. The daily chart shows RSI hovering around 40 after recovering from an oversold level. The AO indicator is also…

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Filed under: News - @ April 19, 2025 11:24 am