Kimchi premium has returned to 2%, are the Korean fanatics back again? Just finished sweeping the market, this change in Korea is quite interesting. The current Kimchi premium has been pulled back to around 2%, directly reaching the highest point since the beautiful country and Iran caused trouble. Don’t listen to those analysts spouting textbooks, basically it’s the Korean people’s “gambling nature” being ignited. Before March, the Middle Eastern chaos caused discounts, but these people are not afraid of death at all. In Korea’s semi-closed market environment, capital controls and KYC lock in liquidity; as long as local sentiment heats up, prices are driven up hard. October 2024: when BTC breaks through 126,000, these crazies are pushing with an 8.27% premium. Next: the premium restarts, indicating retail funds are surging back in. My judgment is:

While global traders are still observing macro conditions, buy orders in the Korean market often signal an emotional outbreak. Don’t expect this premium wave to disappear quickly; as long as the Kimchi premium doesn’t break 5%, it means it’s not the most heated time yet. Keep an eye on the overall market; if Korea’s strawberry premium continues to widen, a true one-sided trend is not far off. Don’t ask if you can chase, just see if you have enough guts. #Gate广场五月交易分享 #韩国加密征税倒计时 $BTC $LAB $TON