The wave of liquidations has arrived, investors suffer heavy losses: In the early hours of February 6, the cryptocurrency market experienced a wave of liquidations, with over 570,000 people facing liquidations within 24 hours, totaling $2.584 billion in liquidations, of which Bitcoin accounted for over 50%, and the largest single liquidation order was worth $12.0209 million. At this time, should one be greedy or fearful?