2026-01-06 06:26:40

Ethereum has recently attracted a lot of market attention. A whale has taken a position of $63 million, shorting Ethereum with 3x leverage, targeting the critical resistance zone of $3200-$3400. If this position fails, the whale's liquidation price could be as high as $4545.

That said, this could be a carefully crafted gamble—betting that the market will refuse to go higher. However, how the market reacts remains to be seen.

In the short term, the question is clear: can Ethereum hold above the $3200-$3400 resistance level? Or will it lose its upward momentum? Traders are closely watching this level, and the atmosphere is indeed a bit tense.

But from a long-term perspective, the historical patterns are quite interesting. Ethereum typically dips in the fourth quarter and then rebounds in the first quarter. As we approach 2026, this rhythm seems to be starting again. Many in the market are looking forward to a bullish rebound in the first quarter.

Even if Ethereum temporarily fails to break through the $3400 barrier, the first quarter could still be a turning point for the bulls. The interplay between historical cycles and current technical factors is waiting for the market to give an answer.

ETH0,19%

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ZKProofEnthusiast

· 01-09 01:53

63 million short? This whale is really ruthless... But with the 4545 liquidation price right there, who cuts whom might not be certain then.

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SmartContractDiver

· 01-08 16:57

$63 million short? Haha, this guy's really bold. Just waiting for 4545 to be liquidated. Breaking through 3400 is the end; this bullish wave will be a celebration. First quarter bull market rebound? Historical patterns are unpredictable, but I bet on it. The guy shorting bets on the market ceiling; I bet it will slap him in the face. The 3200 to 3400 range is really incredible; no one can say for sure in the short term. Historical cyclicality can sometimes be useful, other times it's just nonsense. Whales playing like this, either making a killing or wandering into liquidation. Short-term tension, but the first quarter is definitely on a rebound track, as history suggests. Do you think this guy is truly bearish or just trying to harvest the little guys? This 3400 USD threshold, it seems it won't be broken this year. Let's wait until 2026.

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just_another_fish

· 01-08 10:08

63 million short? This guy really dares to do it. The liquidation price is 4545, doubling directly. It has a bit of a playing with fire vibe.

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NFTDreamer

· 01-07 19:06

$63 million short position, this guy really dares to do it, is he acting out of spite or does he have confidence?

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WhaleWatcher

· 01-06 06:56

Oh no, $63 million with 3x leverage short? This guy really has guts. If the liquidation fails, the price will directly explode at 4545. If it doesn't break through 3400, we'll have to wait until Q1. Anyway, the historical cycle is right there. Who is really cutting whom in this wave? It all depends on this critical level. By the way, does this whale really want to suppress the price or just scare the market? Whether there's a rebound in Q1 or not, the answer will be in these two weeks.

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RugPullProphet

· 01-06 06:52

$63 million with 3x leverage? This guy's really bold. It would be awkward if he gets liquidated down to 4545.

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MysteryBoxBuster

· 01-06 06:48

$63 million short? This guy's really bold, directly betting that the market won't go up. Liquidation price at 4545, I give in. If there's a reverse dump, the whales will cry. Let's wait for the Q1 rebound. Historical patterns still hold some truth.

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DarkPoolWatcher

· 01-06 06:48

63 million short position, this guy's really bold, luckily didn't get liquidated directly. Wait, liquidation price is 4545? So this bet is on Ethereum not breaking through 3400, interesting. Anyway, historical patterns are right here, Q1 rebound does happen often, but who can guarantee it will this time... The few hundred dollars between 3200 and 3400 feels more dangerous than I imagined. Alright, let the market speak for itself, I’m just watching and not taking action.

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SnapshotBot

· 01-06 06:47

$63 million with 3x leverage shorting, this guy really dares to bet... The liquidation price of 4545 has instead become the new support?

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GasOptimizer

· 01-06 06:34

63 million short positions, liquidation price at 4545... This data model is quite interesting; the leverage ratio and stop-loss settings seem to be carefully calculated. However, historical data shows that the probability of a Q1 rebound indeed exists, but that doesn't mean guaranteed profits. It depends on the on-chain evidence of capital flow.

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