The cryptocurrency market has recently encountered a wave of corrections, mainly due to: first, investors taking profits as prices have risen significantly; second, a large number of leveraged trading positions being liquidated, leading to deteriorating market sentiment; third, concerns that the Federal Reserve's potential rate cuts in December may raise interest rate expectations for next year; fourth, Bitcoin is considered somewhat overbought and has reached critical resistance levels, bringing downward pressure on other cryptocurrencies as well. In addition, the uncertainty of the global economic situation, especially the Federal Reserve's interest rate decisions and inflation expectations, has also exacerbated investors' unease to some extent. 23563072753