The recent market has indeed been quite intense. Yesterday, I saw market data showing that the total liquidations across the entire network in the past 24 hours reached $355 million, which is quite a large scale. Among them, long positions were hit the hardest, with $258 million liquidated, while short positions fared better, with only $96.37 million liquidated.

Bitcoin's total liquidation amount approached $92.63 million, and Ethereum's was roughly the same scale, around $93.12 million. It seems that this wave mainly involved a blowout of long positions, and the Bitcoin liquidations are still worth paying attention to.

Such large-scale liquidations usually indicate that market volatility is quite intense, and many people's stop-losses have been triggered. It feels like recent market behavior is like this—extreme actions in one direction tend to trigger chain reactions of liquidations, especially driven by Bitcoin liquidations. When trading, everyone should control leverage well and avoid getting caught in such market conditions.