In the cryptocurrency market, the trading performance of L3 coin has recently garnered widespread attention. According to market data, L3 coin reached a high of $0.2 at the opening phase. However, as market volatility intensified, the coin's value rapidly declined. Currently, the quoted price for L3 coin is $0.08918, showing a significant drop compared to its opening price. In light of such drastic price fluctuations, investors and traders are advised to enhance their awareness of risk and implement corresponding risk management strategies to cope with potential market uncertainties. The volatility of the cryptocurrency market is an inherent characteristic, therefore, staying vigilant and adjusting investment strategies as needed is crucial for safeguarding assets.