In the past hour, total liquidations across the network reached $33.53 million, with $12.14 million from long positions, with $21.40 million from short positions. BTC liquidation $10.34 million, ETH liquidation $16.31 million.

Odaily Planet Daily reported that commodity markets declined across the board on Monday, with gold, silver, crude oil, and industrial metals leading the losses. CBA commodity strategist Vivek Dhar stated, "The market's decision to sell precious metals alongside US stocks suggests that investors perceive Warsh as more hawkish. Furthermore, a stronger dollar has also put pressure on precious metals and other commodities, including crude oil and base metals." However, he maintains his forecast that gold prices will reach $6,000 in the fourth quarter. Asian stocks followed US stock futures sharply lower, and the chaotic sell-off in precious metals added tension to the start of a week packed with corporate earnings reports, central bank meetings, and economic data. Dhar stated, "The key question is whether this marks the beginning of a structural decline in commodity prices or is merely a correction. We believe this is a correction and buying opportunity, rather than a fundamental shift." (Jinshi)

Odaily Planet Daily reports that spot gold touched $4410 per ounce, down 9.82% on the day. (Jinshi)

Odaily Planet Daily reports that spot silver has fallen below $72 per ounce, nearly erasing its gains for the year, and has plunged more than 15% on the day. (Jinshi)

According to Odaily Planet Daily, Naval Ravikant, a renowned Silicon Valley investor and co-founder of AngelList, recently stated that Moltbook is becoming the new "Reverse Turing Test." Influenced by this statement, the Base Chain's Meme coin MOLT experienced a rapid surge, with gains exceeding 50% at one point. Odaily Note: Reverse Turing Test: AI uses a challenge to verify whether another is human. In other words, humans must exhibit "dehumanizing" characteristics to behave like AI in order to infiltrate AI's advanced social circles.