More than $100B market capitalization has evaporated from the cryptocurrency market recently. Bitcoin dropped to 92k, dragging all altcoins down with it. In the past 24 hours, nearly $800M long orders were liquidated in a market shock. Traders who just had the chance to take profits fell into a trap — just as they were about to rise a little, the market turned around and plunged again, causing many long positions to be completely wiped out.