7.10 Global Rate Hike Wave in the Second Half of the Year 1. With global inflation fluctuating, rate cuts have come to an abrupt halt, and rate hikes have become the main theme of the year. After Japan took the lead in raising rates, South Korea's rate hike probability this month has surged to 90%. Meanwhile, the probability of a Fed rate hike this year has also risen to 50%, which is very unfavorable for the stock market and crypto market trends in the second half of the year. 2. BTC's rebound is still ongoing, keep an eye on the resistance level around 66,000. 3. The KOSPI rebounded sharply after testing the weekly EMA20, and the rebound is expected to continue.