In the past hour, the crypto market staged a "liquidation drama"! According to Coinglass data, the total amount of liquidation in the entire network reached 38.258 million US dollars, of which long orders accounted for the vast majority, reaching 37.2024 million US dollars, while short orders accounted for 1.0556 million US dollars. 📉
This market volatility once again reminds investors that the market situation is changing rapidly, and risk management is particularly important. Although the amount of liquidation is not small, such fluctuations are not uncommon for the entire crypto market. 📊
Whether it is long or short, investors need to remain calm and rationally analyze market dynamics in order to be invincible in this "crypto game". 🤔