In recent weeks, the global cryptocurrency market has been experiencing wide-ranging fluctuations, with the struggle between bulls and bears intensifying, and the overall market capitalization showing a period of contraction. Entering June, driven by the return of funds to the U.S. stock market and a strengthening U.S. Dollar Index, major cryptocurrencies have pulled back across the board. Bitcoin has repeatedly fallen below key levels, and the maximum short-term drop has exceeded 7%. Ethereum has also moved lower in tandem, while mid- and small-cap altcoins have generally fallen by more than 15%. According to platform data, in the past 24 hours, more than 300,000 accounts across the entire network have been forced to liquidate, with cumulative liquidation amounts surpassing $2 billion, and long positions becoming the main force behind liquidations. In the late period of last month, the market received a brief boost from positive news regarding the implementation of U.S. derivatives compliance, causing a short-lived rally on the charts. Some popular coins rose by more than 10% in a single day, and short-term speculative sentiment quickly heated up. After the positive news was digested, the market reversed rapidly. #我的Gate交易时刻