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Family, recently this geopolitical drama has been so intense that even Bitcoin is almost "split personality"!
Especially our neighbor, the Kimchi country, where Bitcoin is basically the "proud little princess" of the market. Due to capital controls and strict KYC, the Korean market is a separate world, commonly called "Kimchi premium." When Bitcoin broke through the $126k peak last year, this little princess went wild, with the premium soaring over 8%, looking like it’s determined to wear an extra designer coat before stepping out, more than the global market.
But this year's plot twist is so crazy even the scriptwriters want to call the police. When tensions between the US and Iran flared up, the whole global market trembled. Back in January, Korean traders were pretty confident, with the premium holding at 4%, but by March, this little princess suddenly took off her makeup, and the KPI index dropped straight to a 2.27% discount. That’s not a premium anymore; it’s like performing a "live slide" in front of the global market.
Honestly, the current market is like an unpredictable girlfriend—sometimes arguing with Middle Eastern fire, sometimes cold war in Korean exchanges. Everyone used to think Korea’s market was a barometer, but now it seems that this barometer might just be a "big dance party," with volatility more dazzling than the dance itself.
So in this chaotic world, don’t just focus on one set of data. Kimchi may be tasty, but if this premium turns into a "big clearance sale," you’d better think about whether it’s time to buy some insurance for your account. Sit tight and watch this geopolitical and financial game show—who will be the last to laugh? #Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易 $BTC $BILL