The market was still bleeding on Sunday afternoon. Bitcoin $BTC is now at 64,569, down 3.9% in 24 hours, with $2.485 billion in trading volume. It plunged over the weekend to a low not seen in more than three months, and Coinglass estimates that about $1.9 billion in long positions were liquidated in a single day. ETH fell 5.4% to 1,803, SOL dropped 6.6%, and UNI and AVAX both plunged by double digits. The toughest performer amid all the losses was $ZEC : its trading volume ranked fifth at $224 million, and it was down just 1.9%, still holding around 899. Funds really haven’t fled privacy coins this time. My take: in a long-position liquidation cascade like this, don’t rush to catch a falling knife. Wait until the liquidations are over and trading volume dies down. If you have spare cash, place staggered limit orders at lower prices—but absolutely don’t use leverage.