FreedmanCrypto[互关版]

This afternoon, news came from South Korea that the Samsung union officially announced the breakdown of negotiations, and the strike plan remains unchanged, scheduled to start on May 24. The management urgently applied for mediation in the afternoon, but the union directly rejected it—"No sincerity, a waste of time." $BTC $79,062 is standing still, but there is a detail to note 👇 South Korea is one of Asia's largest crypto markets. If the Samsung strike triggers a depreciation of the Korean won and economic turmoil in South Korea, Korean retail investors' crypto assets might be forced to be sold to cover positions. The last time the Korean "kimchi premium" disappeared, BTC dropped $2,000 directly. If history repeats itself this time... Moreover, South Korean regulators have recently been cracking down on crypto exchanges, and a strike like this will only give them more justification to tighten policies. Honestly, with this kind of macro black swan event, you never know when it will explode. The best short-term move is to keep your ammo ready and avoid going naked. Have you noticed that every time something big happens in Asia, BTC seems to take a hit? Do you think this time will be different? #韩国三星劳资谈判破裂

#SouthKoreaSamsungLaborNegotiationsBreakdown Last night before bed, I came across a piece of news that immediately woke me up—— Samsung's labor negotiations have completely collapsed, with 41,000 workers ready to strike at any moment, wiping out $66 billion in market value intraday, and the stock price plummeting 5% in a single day. Even more outrageous, the South Korean Prime Minister personally stepped in to call for "must stop," acting as if the nation's economic lifeline is hanging by a thread. My first reaction wasn’t Samsung stock, but to check my wallet for $RNDR and $RPL—cryptos that rely entirely on GPU computing power. If Samsung really stops producing HBM memory, global AI chip production capacity will be directly cut off, graphics card prices will soar, and mining costs will skyrocket. What keeps me awake even more is the timing. Right now, the AI craze is driving GPU demand through the roof, and suddenly the world’s largest chip manufacturer is in internal conflict and halting production. A $2.9 billion halt can’t be stopped—both institutions and retail investors are frantically hoarding chip stocks. If the strike becomes real, the crypto world’s computing power and AI concepts will all need to be repriced. Honestly, I’m a bit anxious. The AI sector positions I hold are now in a dilemma. Cut losses? Afraid of missing out on the upcoming computing power shortage. Hold on? What if the Samsung strike is just the opening act of a big drama, and the entire tech stock valuation needs to be reshaped. South Korea is a semiconductor powerhouse, accounting for over 40% of global DRAM capacity. If things get serious, it’s not just Samsung that’s doomed—the entire tech supply chain will shake. Right now, I’m watching two signals: one, whether Samsung’s union shows signs of softening; two, whether the South Korean government will enforce mediation. Any stir on either side will immediately affect $RNDR and $RPL. Do you have AI computing power-related positions? What’s your take these days? Is this Samsung turmoil a crisis or an opportunity? Share your thoughts in the comments—I need to see what everyone thinks. #SamsungStrike #AIChip #HBMMemory #CryptoMarket

Saw this news during lunch and immediately lost my appetite. On Monday morning as soon as I opened my eyes, $BTC directly dropped to the lowest point in two cycles, with $600M worth of positions liquidated within an hour. Leveraged longs were completely wiped out. I rubbed my eyes and checked three times to make sure I wasn’t dreaming. Checked my account, luckily I halved my position last Friday. But big players think differently—JPMorgan is bottom-fishing, while Harvard is actually reducing positions. Both are institutions, one is buying and the other is selling, so who’s right? $BTC current price is $76,739, news from Iran’s Hormuz Strait is still brewing, and the CLARITY Act is stuck in the Senate. The market is repeatedly testing the $77K level, making short-term direction really hard to judge. What’s your current position size? Leave a comment to say if you’re bottom-fishing or cutting losses? #BTC #ETH #CLARITYAct

I saw a set of data before going to bed that woke me up. On Monday, long positions accounted for 89% of the total liquidations in the global crypto market. Note, it's not 55-45, it's 89%. In other words, in this round of decline, those who were truly cut were the ones who went long all the way. The shorts were just watching the show. $BTC fell from $79,500 last week to $76,925 now, $ETH dropped from $2,250 to $2,117. The range isn't large, but it's like boiling a frog slowly; long accounts are being liquidated one by one. I set a stop loss at $76,500 last week, and last night when I saw $76,800, I almost wanted to close my position and run. But I didn't move because Trump just made a harsh "Clock is ticking" remark to Iran, and something happened again in the Middle East. Honestly, this position is quite awkward now. If I stop loss, I'm afraid of missing out; if I don't, I'm afraid of a continued slow decline. Japan's largest brokerage opened BTC/ETH investments this week, and institutions are rushing in—but, at this position, do retail investors still dare to follow? How are you handling your position now? Stop loss or hold on?

Last night before going to bed, I glanced at $BTC, $76,983. To be honest, when $77K was broken, my heart skipped a beat. Not because of how much it dropped, but because I knew many people were waiting to buy the dip at this level — only to end up buying halfway down the slope. Today I saw news that the CLARITY Act passed the Senate hurdle, but with over 100 amendments attached, the draft has been completely altered. What does this mean? The real regulatory framework might be delayed for several more months, increasing short-term uncertainty. On the other hand, smart money started pulling out last week. Jane Street cut its BTC ETF position by 71% and switched to increasing $ETH by $82M. Big funds are rebalancing, retail investors are buying the dip — this mismatch makes me a bit uneasy. The $76,983 level is right at the 200-day moving average. Technical analysts are watching to see if this level can hold; if it holds, it’s a rebound, if not, it’s a new round of selling pressure. I’m hesitant to move my current positions. Buying feels risky as it might drop further, selling risks missing out. $2,118 $ETH is barely holding, but its correlation with $BTC is very clear. How are you all thinking now? Did you buy the dip at $76K, or are you still waiting and watching?

Last night before going to bed, I saw the news that THORChain was hacked for $10m. The first thing I did when I woke up this morning was to check the K-line on my phone. BTC has been sideways at $76,800 for almost 12 hours, and ETH is fluctuating above $2,110. Some people in my circle are already shouting "the bull is back," while others quietly set their stop loss at $75,000. To be honest, after seeing the THORChain vulnerability last night, I just went to sleep—not because I don’t care, but because my position isn’t heavy and I don’t have the guts to heavily invest in DeFi protocols. But when I woke up this morning, $RUNE hadn’t dropped much; instead, the entire altcoin market was moving sideways along with BTC. This is the most delicate mindset: relieved that I didn’t step on a landmine, yet regretting not taking the opportunity to buy the dip. Big money never sleeps. That $10m vulnerability last night looks like a coincidence, but the on-chain data had already revealed abnormal traffic. I know someone who had a lot stored in THORChain and just moved it out a few days ago—when I asked why, he said, "It just didn’t feel right." Sometimes, this market intuition is more useful than technical analysis. Are you currently holding positions in DeFi protocols? Or have you already switched everything to BTC/ETH to play it safe? #韩国三星劳资谈判破裂 #沃什接掌Fed：权力交接现分歧

Last night before going to bed, I checked the market; BTC was still struggling above $77,000. The first thing I did when I woke up this morning was to check my phone—$77,073, it dropped again. At that moment, I saw a piece of news: Japan's largest brokerage announced the opening of BTC/ETH investment channels, and the 33 trillion yen retail market is about to enter. The news is good, but my reaction was—wait, institutions are all bullish, so why is the market still crashing? The macro pressure is too great. The threat in the Strait of Hormuz from Iran hasn't disappeared, the CLARITY Act is stuck in the Senate, and ETF funds have outflowed $1 billion in a week—big money is running, retail investors are catching it. Japanese retail investors are coming in, but my account positions are already green with anxiety. Sometimes good news and market trends are two different things. Big institutions entering is a narrative; retail investors really care about whether their positions can break even. Have you been bottom-fishing recently? Or are you watching like me? $BTC $ETH

Checked my account before bed last night, not bad, but woke up this morning to see a $700M liquidation—back to square one overnight. This cleanup came fast and hard. BTC crashed down from above $79,500, wiping out longs in the futures market. On the surface, it looks like a "good news realization" after the CLARITY Act passed, but in reality, the price never stabilized here; institutions were just using the news to exit. The irony is, at the same time Harvard is selling ETH ETFs, Abu Dhabi is increasing BTC positions. The long-short game between institutions always ends with retail investors footing the bill. I'm a bit curious now—those who were liquidated on longs last night, will they re-enter the market today or exit completely? How are you all holding up? #沃什接掌Fed：权力交接现分歧

BTC $77,941 / ETH $2,180 / Monday morning session I glanced at my account before going to bed last night, it was okay, but when I woke up this morning—$700M liquidation, woke up back to square one. This time the cleanup came fast and fierce. BTC dropped sharply from above $79,500, wiping out longs in the futures market. On the surface, it looks like a "good news realization" after the CLARITY Act passed, but in reality, this level never stabilized, and institutions were just running with the news. The most ironic thing is, at the same time Harvard is selling ETH ETFs, while Abu Dhabi is increasing BTC positions. The long-short game between institutions always ends with retail investors footing the bill. I'm a bit curious now, will those who were liquidated on longs last night choose to re-enter today or exit completely? How are you all doing?

BTC has dropped back to $78,000, what happened to the "never sell" promise? Last night before going to bed, I checked my account and $BTC was still hovering around $78,022. Over the weekend, I came across that report about Saylor saying the "never sell" strategy needs a "reset"—I couldn’t sleep after that. Strategy (formerly MicroStrategy) has been accumulating BTC since 2020, and its founder Saylor has always been the spokesperson for the "diamond hands" belief. Every time the market dips, he comes out shouting "don’t sell, hold to the end." Now suddenly he’s saying "might consider selling"? I’ve never seen this script before. Everyone in the group is discussing this. Some say "institutions are all retreating, why are we still holding?" Others say "Saylor is fishing, deliberately leaking news to scare retail investors away." I’m holding half a position in $BTC, been holding for almost two years, with a cost basis around $55,000. At this point, it’s hard not to feel uneasy. $ETH also dropped today to $2,187, putting a question mark on this rebound. Honestly, I don’t know whether to reduce my position now. Saylor’s "never sell" mantra lasted for years, and now he’s changed his tune—it feels like the belief system is cracking. Have the big institutional holders already started to exit, leaving only retail investors standing guard? Do you still hold $BTC? What are your thoughts now? Share in the comments.

Before going to bed, I came across Drake's new song, and I was stunned. This guy released 43 songs at once, and one of them is literally called "BTC Crypto Big-Timer"—bolded and repeated twice. Even more amazing, the song mentions SBF, saying he wants to save him. Right now, my mind is full of question marks: Aubrey Drake Graham, OBF, a six-degree academic achiever, wants to bail out that SBF who's in jail? Alright, you're impressive, you call the shots. But what I really want to know is—when he shouts "I'm the big whale" at the $BTC 78,250 level, is it to boost everyone's confidence, or is his own position actually stuck and he's too embarrassed to admit it? After all, no one is saving $ETH at $2,190 now, mainstream coins are all recovering, only the positions are swimming naked. Can any knowledgeable folks explain if Drake is just riding the hype this time, or if he truly has a long-term bullish view? Do you think this cultural endorsement helps short-term crypto sentiment? 🤝

Just before bed, I came across a piece of news that almost made me throw my phone. Hana, Italy's second-largest bank, invested $670 million in Dunamu, the parent company of Upbit. This isn't retail FOMO, nor is it some wealthy individual buying coins on a whim. It's a serious investment decision by a traditional Italian bank. You know Upbit, one of South Korea's largest exchanges, backed by the Korean internet giant Kakao. Dunamu is its parent company, holding a dominant share of the Korean crypto market. The Italians brought real money, crossing the Mediterranean and the seas to Northeast Asia, buying not BTC ETFs, but equity in the parent company of a Korean exchange. This signal is scarier than any candlestick chart. My first reaction was to check my account on my phone—wondering if I can still hold onto my altcoins. Institutions are no longer sneaking in; they are openly building positions through equity. Previously, when we said "traditional institutions are coming in," it mostly referred to US pension funds or crypto-native firms like MicroStrategy. But Hana's move is a genuine traditional bank, using traditional financial logic to buy core assets in the crypto ecosystem. ETH just dropped below $2,200 last night and is hovering around $2,194 today. BTC is sideways at $78,400. The market lacks direction, but capital is already starting to diverge. Some are still watching candlestick charts, while others' money has already flowed into the shareholder lists of exchanges. Do you still hold positions? Or have you been out of the market waiting? #Dunamu #Upbit #HanaBank #InstitutionalLayout