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Joined the currency circle in 17 years, a senior trader, now participates in OKX's XLayer chain meme, heavy position OKB, configuration of XLayer's community-built meme coins, mainly medium and long-term, it is recommended to hold a position for at least one month!

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Bitcoin (BTC) continued its decline on Saturday. Iran's threat to impose transit fees on shipping through the Strait of Hormuz put pressure on global risk assets. A two-day sell-off has wiped out over $80 billion in cryptocurrency market value. This pioneering cryptocurrency traded near $77,947 after falling below $78,000. Reports indicate that leveraged long positions absorbed the majority of $620 million in liquidations within 24 hours. Profit-taking slide after CLARITY vote Saturday's rally followed a sharp drop earlier this week. The Senate Banking Committee passed the CLARITY Act on Wednesday with a 15-9 vote, briefly pushing BTC above $82,000 before profit-taking set in. Bitcoin (BTC) price performance. Source: TradingView Analyst Harris described this reversal as a typical profit-taking move. Traders had spent weeks digesting regulatory progress expectations, and the committee's formal vote removed that catalyst. Hopes for a more lenient tariff policy at the US-China summit also faded. President Donald Trump stated that no such discussions took place, causing US stocks and cryptocurrencies to fall in tandem. Exchange dashboards show that long positions currently account for most liquidations, with over $469 million in positions wiped out in the past 24 hours. Total cryptocurrency liquidations. Source: Coinglass "BTC dropped $3,800 within 48 hours, falling below $78,000. BTC's market cap evaporated by $80 billion in just two days. Over $620 million in long positions were liquidated in the past 24 hours," analyst Bull Theory recently stated. Iran's Strait of Hormuz toll plan intensifies geopolitical pressure Saturday's macroeconomic outlook remained bleak. Iran is moving forward with a toll system for vessels passing through the Strait of Hormuz, a critical chokepoint for maritime oil transport accounting for about one-fifth of global seaborne oil shipments. Iranian official Ebrahim Aziz outlined the policy framework in a public statement: "Within its national sovereignty framework... Iran has established a specialized mechanism to manage traffic on designated routes in the Strait of Hormuz... Only commercial ships and parties cooperating with Iran can benefit. Necessary fees will be charged for specialized services provided under this mechanism." Iranian state media reported that ships from China, Japan, and Pakistan have passed through the Strait of Hormuz with Tehran's permission. Some European operators are reportedly seeking similar permits. Iran's domestic situation continues to deteriorate. Analyst Miad Maleki cited Vortexa data showing Iranian crude exports have dropped by over 80% since mid-March. He added that fuel rationing has caused hours-long queues at gas stations, with a growing black market for gasoline. Analyst Babak Vahdad noted that Pakistan's Interior Minister Moeen Naqvi has arrived in Tehran for an unannounced meeting. This visit comes amid informal diplomacy between Iran and the US over confrontation issues. Bears blame macroeconomic drag, while some traders remain cautious. Not all traders see the news as the main catalyst. Ivan on Tech believes BTC has been in a weekly downtrend since October. He argues that news flow no longer impacts its fundamental structure. "We've been in a bear market since October. Good news can't lift the market in a bear market, just as bad news can't crush it in a bull market... Don't expect any news to boost the market unless there's a high-volume sell-off candle and a trend reversal," the analyst said. Prediction market Kalshi shows traders expect further Bitcoin price declines. Bettors on the platform see a 60% chance BTC will fall below $75,000 by the end of the month. Lower price ranges are also attracting significant attention. Analyst Mario Naval questioned Iran's overall claim, stating that charging fees in international waters constitutes a sovereignty claim unlikely to be recognized by other governments. BTC currently trades about 38% below its October high of $126,080. Bitcoin's recent retest of geopolitical tensions highlights how quickly macro shocks now impact cryptocurrency prices. @OKX中文 @OKX星球 #CLARITY法案：委员会15:9表决通过

Although not in South Korea, witnessing strike after strike erupt firsthand truly reveals the deep-seated anxiety hidden beneath this country's polished exterior. It's not just Samsung Electronics; strikes are becoming normalized across Hyundai, healthcare systems, logistics, public infrastructure, and various industries. Outsiders only see South Koreans' relatively high per capita income and orderly cities, but only those rooted here understand the exhaustion of everyone stretched to their breaking point. For a long time, South Korea's survival logic has been extremely singular: fiercely compete in education, squeeze into SKY universities, rush into chaebol conglomerates, and secure a ticket to a stable life. Samsung is the most solid safety net in the hearts of ordinary Koreans, the ultimate destination countless families have pursued for half their lives. But now, that safety net is beginning to crack. Under the AI semiconductor boom, Samsung's profits from HBM and computing chips have surged, publicly proclaiming technological revival and industrial takeoff, but most of the dividends flow to capital and the elite, while grassroots employees feel the exact opposite. Seoul's rent, daily prices, and living costs have soared year after year, wages have only slightly increased, failing to keep pace with inflation and asset price growth. Young people work overtime desperately, endure extreme internal competition, but in the end, their savings can't keep up with housing prices; after years of struggle, they still see no hope of settling down. In the past, people were willing to endure high-pressure workplaces and endless competition because they believed that entering a big company meant effort would be rewarded. Now, this social consensus that has sustained South Korea for decades is completely collapsing. South Korea is an export-driven economy tied to chaebols, with Samsung as the ballast stone of its economy. The intensifying labor-capital conflicts within Samsung have never been just about wage disputes but a warning that the entire chaebol model is reaching a turning point. Externally, it must face the global chip battles with TSMC and SK Hynix; internally, public anxiety spreads and resistance rises; with a weak global economy, high interest rates, and semiconductor cycle fluctuations, South Korea's heavy reliance on external markets means its margin for error is shrinking. On the surface, politeness and restraint remain, streets are clean and orderly, but at the bottom lies spreading despair: the "three no's" generation grows—no dating, no marriage, no childbirth becoming mainstream; companies worry about global competition, ordinary people worry about survival and the future. This large-scale Samsung strike is essentially a total eruption of South Korea's long-term internal competition, class solidification, and wealth distribution imbalance. When even the elite workers of the nation's core enterprise begin to question the meaning of effort, the entire society's sense of security has been thoroughly shaken. $BTC $ETH $SOL #韩国三星劳资谈判破裂