It seems Korean retail investors are anxious about the crypto market.

happycapital (87)modin H4LAB Research • 6 months ago (edited)

Koreans call Korean premium in Kimchi premium. Kimchi premium is made by the high level of regulations for cryptos, CEX(Centralized Exchange) and banks. Now, Kimchi premium is around 0%. It looks like Korean retail investors are too much worried about the next price correction.

I would sell cryptos when the premium approaches 15%. I'm waiting for short-term Korean retail investors. They're real! lol

Source: Binance exchange

By the way, BTC price is approaching $100k. It's much faster than I expected.. This cycle rising rate is pretty fast. So, I hope the rate will slow down asap.

#korean #kimchi #premium

6 months ago in H4LAB Research by happycapital (87)mod

$117.95

STEEM 0.16

TRX 0.26

JST 0.038

BTC 103646.07

ETH 2401.79

USDT 1.00

SBD 0.90

It seems Korean retail investors are anxious about the crypto market.

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