The cryptocurrency market has been turbulent recently. Nomad attackers bought about 16,800 ETH at the bottom, showing the attractiveness of the market bottom. Analyst Lark Davis reduced his position but did not completely withdraw, suggesting that market confidence is still there. Ethereum has a high liquidation amount near $1,943, which may trigger short-term fluctuations. At the same time, Solana fell below $120, exacerbating the panic in the market. Jump Trading recently concentrated on selling wstETH, which may balance its positions to cope with market fluctuations. The contract trading volume on Coinbase International Station exceeded $38 billion, showing the activity of investors. In addition, the big whale entered the market again to buy 6,000 coins at the bottom after making a profit on ETH, suggesting that long-term investors are looking for opportunities. Overall, the current cryptocurrency market is in a complex state of multiple capital flows and market sentiment. Although some investors hold firmly, the overall market is still weak, and investors need to pay careful attention to risks. Summary: The current cryptocurrency market is experiencing violent fluctuations, showing a situation of hesitation and panic in the short term.