According to Ki Young Ju, the crypto futures market has seen a significant number of traders experiencing losses, as indicated by the emotive symbols posted on Twitter. This suggests a high level of market volatility, which can lead to increased liquidation events. Traders should exercise caution and consider implementing risk management strategies to mitigate potential losses.

According to Glassnode, the supply of $OM held by the top 1% has decreased from approximately 96.4% to 95.6% right before a market crash. This change, although not the largest in recent months, indicates a potential redistribution of assets by large holders or the occurrence of liquidation events. This data does not include assets held in centralized exchanges (CEX), team, or contract wallets, suggesting significant movements among individual large holders.

According to Santiment, an overlooked method to analyze crypto market cycles is through DeFi lending and borrowing data. Key metrics such as interest rates, debt levels, and liquidation events provide insights beyond price action and social sentiment. These metrics are crucial for traders to understand market dynamics and potential turning points. Santiment emphasizes that tracking these factors can help in predicting market trends more accurately.

According to Miles Deutscher, traders should consider purchasing cryptocurrencies during major liquidation events due to the favorable risk/reward ratio, or when a confirmed reversal occurs for specific altcoins with clear high time frame invalidation. He advises against buying during dead-cat bounces or periods of slow market decline.