The cryptocurrency market has witnessed notable liquidations, with over $580 million in cumulative losses across major assets like Bitcoin and Ethereum. Data shows that long liquidations on both Bitcoin and Ethereum reached $134 million and $95.41 million respectively over the past 24 hours. Meanwhile, Bitcoin’s price experienced a significant dip over the weekend, reaching $103K before rebounding to around $104,728.74 – showing a 0.92% price increase in the last 24 hours. Ethereum also saw substantial losses with long liquidations exceeding $95.41 million. Its price currently hovers around $2,524.91, representing a marginal 0.09% surge over the past day. The weekend’s sell-offs were not limited to Bitcoin and Ethereum, with other prominent cryptocurrencies like Solana ($SOL), Ripple ($XRP), Sui ($SUI), and Dogecoin ($DOGE) also experiencing significant liquidations. These high liquidations point towards a volatile market in the near future, potentially impacting prices further. Despite the market volatility, investor confidence is gradually recovering. It remains crucial for traders to navigate this complex landscape with caution as they weigh the potential opportunities and risks.