6.23 Global Stock Market Crash 1. South Korea to regulate high-leverage trading, stock index plummeted 10%, Nikkei dropped 3.5%, Nasdaq futures fell 2%, AI sector led the decline. 2. Market expects rate hikes this year, USD strengthens, risk assets and non-interest-bearing assets plunged. 3. $BTC will once again test the support around 60K. To break out of the bear market and strengthen, it needs to consolidate for months without falling below 59,000; otherwise, it’s the continuation of a new bearish cycle.