7.17 Big rebound brewing 1. After BTC's weekly indicator showed oversold conditions, there was a bottom divergence + engulfing pattern. This sets the stage for a strong rebound, with the ultimate target around 77,000. If BTC can pull back to the 60,000 range, it’s a good opportunity to go long. ETH is expected to outperform BTC in this rebound. 2. After South Korea's interest rate hike policy reduced leverage, the storage sector continued to plummet. The Korean index is likely to form a bottom between 6,000-6,750 next week.