ETH is nearing two price levels that could trigger heavy forced unwinds on major CEXs (centralized exchanges), according to Coinglass data cited by ChainCatcher. A drop below $1,789 would bring cumulative long-position liquidation intensity to $469 million, while a break above $1,963 would push cumulative short-position liquidation intensity to $452 million. The figures point to concentrated leverage on both sides of the market, with downside pressure slightly outweighing upside risk in the current positioning snapshot.