Current market volatility is severe, and investors should pay attention to the following points:

1. Ethereum Liquidation: Yesterday, Ethereum suffered a heavy blow, with liquidation amounting to 220 million, becoming the third-largest single-day liquidation since the bull market began. Most altcoins also recorded their largest single-day liquidation since the start of the bull market.

2. Flash Crash Phenomenon: The flash crashes of Bitcoin and altcoins concentrated around the US stock market closing time (5-7 AM Beijing time), when major players clear leveraged funds and prevent investors from picking up cheap assets, employing clever tactics.

3. Bull Market Volatility: In a bull market, market fluctuations are frequent, and acute drops should not cause excessive panic; instead, they present opportunities for positioning. A reasonable layout could yield substantial returns in the coming quarter.