In the past hour, total liquidations across the network reached $30.92 million, with $28.71 million from long positions, with $2.21 million from short positions. BTC liquidation $5.82 million, ETH liquidation $6.12 million.

Odaily Planet Daily reports that trader "DaDaDaBit" published an article stating that the crypto market is inherently characterized by high volatility and immaturity, with manipulation and speculation coexisting for a long time, and participants must bear the corresponding risks themselves. He pointed out that market funds often shift repeatedly among highly volatile assets, and some projects, despite controversies, continue to receive attention and trading volume. He also believes that regulation and market consolidation will impact the market structure but may also alter the current ecosystem.

According to GMGN data, the Chinese Meme coin sector is experiencing a general correction. Binance Life's market capitalization has fallen over 26%, currently trading at $390 million; "I'm Here" has dropped over 40%, currently trading at $10.05 million; "Lobster" has fallen over 30%, currently trading at $8.3 million; and "Joint Construction" has fallen over 36%, currently trading at $3.4 million. Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.

According to Odaily Planet Daily, as reported by the Wall Street Journal, US President Trump seems to have lost his "adventure spirit," while his fears are growing. Previously, in the nearly empty West Wing of the White House, shortly after learning that a US warplane had been shot down in Iran and two pilots were missing, Trump yelled at his aides for hours. He repeatedly said, "The Europeans didn't help at all." According to people who spoke with him, the images of the 1979 Iranian hostage crisis have been haunting him. After the US pilots were rescued, the arrogant president went all in, attempting to weaken Iran's most powerful bargaining chip—control of the Strait of Hormuz. At the time, Trump tweeted, "Open the Strait, you lunatics." This president, who has always been keen on creating dramatic scenes, is applying his unorthodox and extreme style of action to a war in an even more extreme way. He sometimes adopts a belligerent stance, sometimes a conciliatory strategy, but behind the scenes, he is agonizing over how far the situation could escalate. He feared that ordering troops into dangerous areas would result in injuries and prevent some from returning home, a situation similar to that of other presidents who had experienced war. (Jin Shi)

According to GMGN data, the market capitalization of Meme coin ASTEROID on the Ethereum blockchain has surpassed a new high of $170 million, currently priced at $166 million, representing a daily increase of over 900%. Meme coin prices are highly volatile; investors should be aware of the risks.