10x Research: Bitcoin May Be Poised for a Summer Surge as Key Market Window Opens
Odaily Planet Daily News: 10x Research has released a report indicating that Bitcoin is currently testing the upper boundary of its consolidation range, with macro catalysts gradually accumulating. ETF inflows remain strong, exchange balances continue to decline, and pressure on the Federal Reserve is increasing, yet price volatility remains limited. The market may be building momentum for a breakout, potentially ushering in the traditional bull season in July.
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Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
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