The market is still moving lower in search of support. Longs have been hit pretty hard, but people haven’t completely lost hope yet. I think we may see more shakeouts. Over the past 24 hours, $731 million in positions were liquidated across the market, affecting 117,100 traders. Long positions accounted for $579 million (79%), while shorts accounted for $152 million (21%). In just the past 12 hours, $422 million was liquidated, including $326 million in longs. $ETH saw $261 million liquidated, with the price currently at $2,066, down 2.65%; $BTC saw $207 million liquidated, with the price currently at $73,797, down 1.37%; $SOL saw $38.37 million liquidated, with the price currently at $83.56, down 2.96%. The largest single liquidation was a $31.52 million $ETH /USDT short on HTX. The Fear & Greed Index is at 29, indicating fear. My take: we haven’t reached capitulation yet, and there will most likely be more choppy trading ahead. Use less leverage, keep enough capital in reserve, and don’t get liquidated again and again.