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6.29 BTC Loses 60k
1. Last week failed to recover 60k, and both large and small cycles are in a strong bearish trend. Despite oversold indicators, it is very difficult for bulls to reverse. BTC's upper resistance has moved down to the 62500 area.
2. In early trading, Japanese and South Korean stock markets fell, while US index futures rose slightly. The stock market is still in a crazy bull market, especially the South Korean stock market. Samsung and SKHYNIX account for over 50% of the South Korean stock market. Any correction of more than 20% is a good buying opportunity.