Do you think it's good to sell cryptos now?

Source: cryprice

I don't think so. Let's take a look at the Korean Price Premium chart. Koreans call it in Kimchi Premium.

Last cycle, when Kimchi Premium reached more than 15% level, it's good to sell cryptos. Take a look at the 1st red circle 🔴 It appeared in Mar, near the month of BTC(Bitcoin) 3rd halving.

And the 2nd and 3rd red circles 🔴 came out 1 year later of BTC 3rd halving.

Alright, how's it going on this cycle? The 1st blue circle 🔵 appeared in Apr, the month of BTC 4th halving.

So, I assume more than one blue circle will appear this cycle. I'm not sure whether next year will be a long-lasting bullish market or not. It depends on the 🇺🇸 stock market condition and inner issues of the crypto market.

No one knows what will occur such as embezzlement, bankruptcy of exchanges&institutions, hacks of spot BTC ETFs, etc.

I don't much believe a conspiracy theory. But, when we enter the end of the last phase, something will likely happen.

Anyways, definitely, it seems Korean retail investors are not much interested in it yet, which could mean most dips would be opportunities to make profits for the following months.