Recently, the cryptocurrency market has experienced severe fluctuations, leading to frequent liquidation events, especially in long positions. According to data, the total liquidation amount across the network in the past 24 hours reached $487 million, with long position liquidations accounting for the majority. This volatility was mainly influenced by the price decline of Bitcoin and Ethereum, with BTC briefly falling below the $98,000 mark, and ETH also showing a significant retracement. Market sentiment is low, and many investors have suffered heavy losses due to leveraged trading, especially with the liquidation of altcoins being more severe, indicating insufficient risk management in the market. Overall, after experiencing a short-term surge, the market is currently in an adjustment phase, and investors need to be cautious in responding to future price fluctuations.

Conclusion The bull market continues

Hold on to 96,000 big coins, the bull market continues

Don't be afraid of 3,600 Ethereum, the bull market continues