Last night's data release confused many heavily invested individuals. The market is just like this: good data leads to rises, bad data leads to drops... Being heavily invested is a gamble, good luck means a big direction, bad luck means immediate exit! In the past 24 hours, the cryptocurrency market experienced a severe liquidation wave, with a total amount exceeding 500 million dollars, mainly focused on the liquidation of long positions. Behind this phenomenon, firstly, is the sharp fluctuation of market sentiment, especially the price volatility of mainstream assets like Ethereum (ETH), which led investors to take on excessive leverage during the rally, ultimately resulting in a large number of long positions being forcibly liquidated. According to the latest data, the price of ETH during this period dropped from $4698.64 to $4611.50, a decrease of 2.24%. In addition, other cryptocurrencies like SOL and BTC also experienced corresponding liquidation situations, reflecting the widespread risk-averse sentiment in the market. #加密市场回调