KOSPI just broke a key level ("7천피 무너진") and is clinging to support with early-week downside risk if more selling hits. Korea's semiconductor-heavy index is directly exposed to the "AI-capex revolt" as MSFT/Meta/Google spending comments steer chips, alongside the Jul 28 hawkish Fed and US GDP/PCE. Price has trended sharply lower over the month and the weekly crowd is bearish (0 up / 3 down); with momentum, a support breakdown and global risk-off aligned, I expect KODEX 200 lower a week out.