Data compiled by Woofun AI shows that ETH price levels are poised to trigger significant liquidation cascades across centralized exchanges. A decisive break above the 1,861 USD resistance level would expose approximately 894 million USD in cumulative short positions to forced closure.

Conversely, downside pressure remains a critical risk factor for leveraged buyers. Should ETH retreat below the 1,690 USD support threshold, an estimated 505 million USD in long positions faces imminent liquidation, highlighting the high volatility surrounding these key technical levels.