The crypto assets market has always been the focus of investors, especially the trends of the two major mainstream tokens, Ethereum (ETH) and Bitcoin (BTC). Recently, market analysts have been closely monitoring the key liquidation positions of these two cryptocurrencies, as these positions could have a significant impact on the market direction.

In terms of Ethereum, the analysis shows that there are two key price levels that require special attention. If the ETH price falls below $4,300, it could trigger around $2.49 billion in long positions to be liquidated. Conversely, if ETH breaks through $4,745, approximately $1.47 billion in short positions face liquidation risk. In this case, the price movement of ETH appears to be more sensitive, as the current price is relatively close to the long liquidation area.

The situation with Bitcoin is somewhat different. The two key points for BTC are: if the price falls below $112,520, approximately $1.23 billion in long positions will face liquidation; while if it breaks above $123,344, about $1.18 billion in short positions may be liquidated. Interestingly, the current price of BTC appears to be maintaining a relatively balanced state between these two critical points.

The distribution of the liquidation positions reflects the complexity and uncertainty of the current crypto assets market. The price trend of Ether seems to be more easily influenced by bullish liquidations, which may suggest that market participants have a strong bullish sentiment towards Ether. On the other hand, BTC presents a relatively balanced state, which may indicate that there is divergence in the market regarding the short-term direction of Bitcoin.

Investors and traders need to closely follow these key price levels, as large-scale liquidation events may trigger significant market volatility. At the same time, this data also reflects the overall sentiment and position distribution of market participants, providing valuable references for analyzing market trends.

Overall, the analysis of the clearing positions of ETH and BTC reveals the delicate balance of the current crypto assets market. Market participants should remain vigilant, manage risks, and seize potential investment opportunities. In this volatile market, timely information and accurate analysis will be key factors for success.