【Blockchain Rhythm】In the past 4 hours, the market has experienced intense volatility. According to on-chain data, the total liquidation amount across the network has reached $176 million. Among them, long positions are under the most pressure, with long liquidations totaling $169 million, while short positions are relatively less pressured, with short liquidations of only $6.86 million. From the data comparison, the current bullish sentiment is clearly higher, but the risk tolerance is also correspondingly greater. This wave of market movement has a significant impact on leveraged traders, and it is advised to control risk exposure carefully.