According to the latest market data, the cryptocurrency market has experienced a significant fall today. The total market capitalization has shrunk to $3.916 trillion, down 1.5% from the previous day. This volatility has triggered a large-scale liquidation event, with Coinglass platform reporting that the total liquidation amount across the network reached $378 million in the past 24 hours. Among these, long positions accounted for the majority, totaling $291 million, while short positions were relatively lower at $86.48 million. This data reflects a sharp change in market sentiment and highlights the high-risk characteristics of cryptocurrency trading. Although the market faces adjustments in the short term, long-term investors still need to closely monitor market trends and cautiously assess risks.