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

Last night before going to bed, I took a look at the market: BTC was still above $78,000, and ETH was barely holding at $2,180. This morning when I woke up, ETH directly dropped below $2,150, and my account took a hit. Honestly, for the altcoin positions I hold, there are only two choices now: either cut losses and accept defeat, or hold on stubbornly waiting for a rebound. But the problem is, at ETH’s current level, where is the support? $2,000 or $1,800? No one can say for sure. On the institutional side, Galaxy CEO Novogratz said AI has stolen the spotlight from crypto, but the BTC target price is still $100,000 — the question is, retail investors holding ETH now, are they waiting to break even or waiting for the next round of slaughter? Do you have this feeling: holding ETH feels like being a "retail institutional leek" trapped? ETH is at $2,178 now, are you still holding or have you already run?

Just checked the news about Samsung again, and there’s no sign of softening from the union side; on the contrary, some say the proposal from management "can’t even keep up with inflation." The countdown to the strike of 41,000 people continues, with a $2.9 billion production halt cost on the table, and no one is willing to blink first. I sold half of my $RNDR this afternoon. It’s not that I’m bearish on AI computing power, but this Samsung issue suddenly made me realize—my previous heavy investment in the GPU sector was based on the logic "AI boom → computing power demand → RNDR/FET rise," but this logic missed a premise: chips need to be produced normally. Samsung accounts for over 40% of global HBM capacity, and if production really stops for a month, the entire AI supply chain will have to be recalculated. I’m holding the remaining half, wanting to see if the South Korean government will enforce mediation next week. The Prime Minister has already spoken out, indicating this has escalated to a matter of national economic security. If it really comes to a showdown, the union might not be able to hold out. My current strategy is—wait. No chasing, no cutting losses, just watch for signals before making moves. What do you think? Will Samsung compromise this time or fight to the end? Let’s discuss in the comments; I need different perspectives to help calibrate my judgment. #SamsungStrike #AIComputingPower #CryptoMoves #HBMMemory

Last night I saw the CLARITY Act pass, and everyone's WeChat Moments were buzzing with "The bull market is here," but the $BTC in my account pulled back from $80K to $78,011. What happened to the promised positive news? What about the expected surge? What kept me awake even more was this morning's news — Strategy announced it plans to use $1.5B in cash to buy back convertible bonds at a discount. If cash isn't enough, they might have to sell BTC to cover the gap. Who is Strategy? The world's largest corporate BTC holder, the "Moutai of the crypto world," holding hundreds of thousands of BTC. If they start selling, how will the market react? I don't have insider info, but I know one thing: big money never comes to lose with you. Last night when $BTC dropped to $78K, long positions in the futures market were precisely liquidated for $500M. SOL and XRP fell 5%. At this moment, Strategy released the "might sell BTC" news. I don't know if it's coincidence or fate. I currently hold $BTC and some $ETH. When it dropped to $78K last night, I hesitated — should I add to my position or run? In the end, I did nothing and just watched. I'm not the only one, right? Where will $BTC go next? Is $78K the bottom or just a pause in the downtrend? Will Strategy really sell? Feel free to share your thoughts in the comments.

BTC $78,381, ETH $2,195. BTC fell below $79K last night and is now barely holding. Today I came across some news: an anonymous whale dumped 250 BTC in one go (about $20 million), yet the price didn’t crash after the news broke. My first reaction was: who’s selling? DeFi borrowers? Or did they really run? Honestly, my first reaction to this news wasn’t "bearish," but rather "why didn’t it drop?" At the $78K level, dumping 250 BTC with almost no price movement means either the buy-side support is very strong, or hardly anyone even knows about this. Now $BTC is all about whether $78K can hold. If it holds, short-term bulls can catch a breather; if it doesn’t, $77K or even $76K might be just ahead. The overall market is weak today, with uncertainty around the CLARITY Act’s progress in the Senate weighing heavily on the market. I still have my position, want to add but am afraid, don’t add but fear missing out—feeling completely confused. What do you think about this anonymous whale dumping but the price not falling? Is it the main players shaking out weak hands, or is there really no one to catch? Share your thoughts in the comments.

I took a quick look at the market before bed; BTC is still hovering around $78,427, and ETH is just lying at $2,190. Then I came across a news piece—Trump revealed he holds shares in Coinbase, Robinhood, and Bitcoin mining stocks. Wow. My mood right now is— I thought I was the retail investor getting rekt, but it turns out even the president is trading crypto. I’m losing grocery money, and he’s losing... well, maybe he doesn’t even care. As soon as the president’s portfolio screenshot came out, the comment section was full of cries like "So you’re here too." Retail investors comforted each other saying at least we’re not alone in losing money, only to realize—the president is just another retail investor. In this market, the situation for institutions and retail investors suddenly feels fair. Everyone is waiting for a reason to bounce back, waiting for a signal, waiting for a rise that may or may not come. So right now, my only state is: play dead. It’s not that I don’t want to move, but moving won’t help. I’m resentful if it drops, and afraid of missing out if it rises. So I just don’t look at it, especially since the market is closed over the weekend anyway. How about you? The big boss is holding, are you still in? $BTC $ETH

Last night before going to bed, I checked the market, BTC was still above the $79,000 mark, thinking it should stabilize today. But when I woke up this morning, it was $78,779. It directly broke my psychological support at $79,000. Then I saw a piece of data — the BTC supply on exchanges has dropped to an 8-year low. In plain language: the circulating BTC outside is getting scarcer, whales are moving coins to cold wallets, and the available coins on exchanges are running out. Isn't that contradictory? The market is falling, everyone is panicking, but whales are taking the opportunity to accumulate and leave. They were reluctant to sell when prices were rising, but now that prices have dropped, they are accelerating their hoarding. Retail investors are selling, institutions are buying, the script is always the same, but every time people don't believe they are on the wrong side. $ETH at $2,219 is following the market down, and those DeFi sectors are bleeding too. A friend messaged me saying he bottomed at $2,300, now he's down a bit, asking what to do. How would I know? I'm just a retail investor, not a fortune teller. But one thing I increasingly feel is off — every time a macro news breaks, everyone's first reaction is to sell. Treasury yields soar, inflation expectations rise, Trump starts stirring trouble again... When emotions rise, prices become irrational. But those who truly hold coins don’t even look at daily charts. This is the market now: news pressure, shrinking supply, collapsing sentiment. Do you choose to follow the panic, or believe in that old story of "scarce supply, long-term bullish"? Have you been bottom-fishing recently? Or are you still watching? Share your holdings in the comments.

Last night before going to bed, I checked the market, and BTC was still hovering around $78,900. I thought it would be stable today. But when I woke up this morning and checked the news—a whale anonymously dumped 250 BTC (wBTC) in one go, a single order worth tens of millions of dollars, directly causing a small gap in the market. Honestly, when I see such a large sell order, my first reaction isn’t "should I buy the dip," but rather "does this whale know something?" What the crypto world fears most isn’t a price drop, but uncertainty. A large anonymous sell order of 250 wBTC either means the whale urgently needs liquidity or some big player got insider info and is fleeing early. I talked with a friend who monitors on-chain data, and he said these anonymous addresses dumping coins are the most frustrating—you don’t even know who they are after the sell, so you can’t analyze their motives. Right now, BTC is fluctuating between $78,979 and $79,500. If support breaks, the next level to watch is $77,500. Whether this level holds depends on if anyone is willing to buy tonight. Would you buy the dip after such an anonymous large sell order? Or like most people, would you wait and see first?

Last night before going to bed, I checked $XRP, $2.15. Rubbed my eyes to make sure I wasn’t seeing things—holding it for two years until now, finally breaking even. Not kidding. The holding experience was like riding a roller coaster, countless times wanting to cut losses. During the SEC lawsuit against Ripple, the group chat was asking every day "Did you run?" I gritted my teeth and said "Wait a bit longer." And I waited for two years. Last night, seeing the news about the CLARITY Act progressing, XRP shot up to a two-month high. The group chat instantly exploded; some said "Run now," others said "This is just the beginning." Honestly, I don’t know what to think now. Institutions are definitely buying, but macro pressures are also significant. Do you think $XRP can reach $3 this time? Or is it just another "thought it was taking off" moment?

#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