Analysis suggests a double-bottom \'W\' pattern is forming on bitcoin charts, indicating a possible end to the downtrend. John Bollinger, creator of Bollinger Bands, said the pattern could be a meaningful signal unlike prior rebound attempts. He pointed to a fractal structure and urged looking at weekly charts for a higher time-frame \'W\'. He said a break above about $65,000 could signal the downtrend ending, though ETF outflows and rate-hike worries persist.

South Korea\'s Broadcast Media Communications Commission (BAMTT) approved revisions to the enforcement decree of the Information and Communications Network Act and a related public notice to prevent the spread of false and manipulated information and strengthen digital platforms\' social responsibility. The rules take effect on July 7. The scope covers user-to-user information intermediary services such as SNS and online communities, while search services and open marketplaces were excluded from the final draft. The decree also specifies criteria for punitive damages and administrative fines.