SignalQuant
The Korean premium is overheating
High Korea premium values could indicate Korean retail investors' strong buying pressure. The Korea Premium Index is often used to identify price tops because Koreans 1) have immediate access to cash to buy coins on exchanges, and 2) have a high FOMO hype. FYI, the current Korean Premium Index(14D MA) is similar to the Korean Premium Index at the time of Bitcoin price peak in '21.Q4. We are very curious to see if the Korean Premium Index will provide important clues to price tops this time too.