The Korea Premium Index (KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is the "highest trend level" in the past two years.

The most recent peak was in early January '24 (yellow circle), but today the KPI is higher than that level (green circle).

For your information, a high KPI means 1) strong buying sentiment among Korean retail investors and 2) the price is likely at a medium-term high.

Even though the market is showing negative signs, optimism about BTC remains high. Investors believe that this positive trend will continue and take BTC to greater heights.

Written by SignalQuant.