Will $3,100–$3,200 trigger a breakout

Will $3,100–$3,200 trigger a breakout or a liquidation storm?

 ETH/USDT liquidation heatmap shows dense clusters between $3,100 and $3,200, suggesting strong short positions and potential price traps. 

Ethereum’s recent push toward this zone has sparked liquidations and could fuel more upside if bulls maintain pressure. However, a failure to flip these levels into support might trigger cascading liquidations on the downside. 

Therefore, this price zone acts as a battleground where leverage and momentum will decide the next major move. The outcome could shift Ethereum’s near-term trajectory significantly.