1. Last night, the three major U.S. stock indexes all fell, with the Dow Jones Industrial Average closing down 0.54%, the S&P 500 down 0.61%, and the Nasdaq down 0.62%. MicroStrategy (MSTR.O) fell 7.5%, and Coinbase (COIN.O) fell more than 9%. This may be one of the reasons for the decline in the Bitcoin market.
2. In the 24 hours from yesterday to this morning, the total amount of long and short positions liquidated on a large scale reached about 1.73 billion US dollars, the second worst in history. In this large liquidation, more than 500,000 traders were "exploded" instantly. It has been a long time since we have seen such a large amount of liquidation. During the bull market cycle, the contract risk is very high, so everyone must be cautious.