Ethereum is currently positioned at a crucial point where its price movements might lead to increased volatility. This is due to the identified liquidation thresholds at $3,800 and $3,600.
If Ethereum's price manages to exceed the $3,800 mark, there is an expectation of considerable short liquidations impacting major centralized exchanges.
This could result in significant market reactions, emphasizing the importance of these key price levels for investors and traders.
