TL;DR
Ted Pillows says Ethereum liquidation clusters are balanced near $1,900 and $1,600.
That leaves ETH traders watching both upside and downside liquidity sweeps.
The setup matters because leverage remains active even after a large drawdown from the all-time high.
Ethereum traders are watching two major liquidity zones after market analyst Ted Pillows said ETH liquidation clusters have become “pretty balanced” around the $1,900 and $1,600 levels.
Ethereum Liquidity Is Sitting On Both Sides
The important part of the setup is balance. When liquidation clusters are concentrated only above or only below price, traders often look for a one-sided liquidity magnet. Ted Pillows’ read is different: he says Ethereum now has large clusters on both sides of the current market, with one zone near $1,900 and another near $1,600.
That creates a more difficult environment for directional traders. A move toward $1,900 could squeeze late shorts and reward buyers who positioned fo
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