$ETH's futures liquidity analysis is really impossible...
It can be clearly seen that this market is completely different from BTC, not led by futures, but purely driven by spot!
At this time, it is really not recommended to stare at the liquidation liquidity of ETH to make transactions, hold your spot, and wait for the trend structure to change!
The spot-led market does not look at whether there is fuel, whether there is a bear to take over, the spot demand is in a state of continuous buying, and the liquidity in the futures market has no reference...
Therefore, looking at ETH now, as long as there is no lower low on any daily level, then the trend is not over at all!
By the way, not even the first daily pullback has yet to appear... So judging the lower lows is at least a week or 10 days from now...

ETH期货市场流动性分布更新:
最近ETH的行情给我们上了一课,那就是即使期货市场没有空头流动性,靠现货依旧可以实现对流动性缺口的翻越!
图中大箭头所在的这个流动性真空区,代表了过去一个月所有的ETH空头都没有这么高的清算价位,而价格还是实现了部分突破,这代表当前买盘现货为主!
短期来看,上方还有一个自7月初就形成的空头清算区,因此如果价格还要继续走小级别的加速行情,那么目标会在3620~3650之间。
与BTC成形鲜明对比是,ETH的上涨并不是期货引导,而是现货推动,而BTC在清算完123k以下的全部空头流动性后,就失去了原先的强劲动力。
所以说,现货需求永远是最强的多头!

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