Can ETH break higher with liquidation clusters for

Can ETH break higher with liquidation clusters forming above $3,100?

According to Bin@nce’s ETH/USDT liquidation heatmap, dense clusters have formed just above the $3,100 mark. These areas could become focal points for volatility as leveraged short positions risk being squeezed. 

If Ethereum pushes through this zone, a cascade of short liquidations could fuel rapid upward momentum. However, price rejections near these levels may lead to short-term pullbacks. 

Thus, traders should monitor these zones closely. The reaction around $3,100 will likely dictate ETH’s next major move, especially as derivative pressure and spot demand converge.