[QCP: Bitcoin Shows Resilience Amid Hormuz Strait Crisis] On March 4, QCP analyzed that the closure of the Hormuz Strait has led to a rise in energy prices, with Brent crude oil reaching $83 per barrel and Dutch natural gas prices rising to $55. The global supply chain has been affected. South Korea's KOSPI index dropped by 20%, with major components Samsung and SK Hynix impacted by disruptions in energy supply. Bitcoin has shown resilience amid market turbulence, potentially signaling an early shift in risk appetite. Analysts predict that the market will remain volatile in the coming week, with various parties likely to pressure Iran to reopen the Hormuz Strait. China has already urged Iran to keep the strait open.