Weekly South Korea Crypto Market Outlook : The fourth week of February 2025
Cratos and CoinNess conduct regular weekly surveys.
Regular surveys are conducted every week within the Cratos app, and the number of survey participants is 2,000.
This particular survey was conducted from February 18th to February 21st.
According to the regular survey on weekly trends of Korean cryptocurrency investors jointly conducted by CoinNesss and Cratos, 32.7% of respondents (compared to 33.5% last week) forecasted that Bitcoin would rise or rise sharply next week. The percentage of respondents expecting a flat movement was 41.6% (compared to 40.0% last week), while the percentage of respondents anticipating a fall or sharp drop was 25.8% (compared to 26.6% last week).
For Ethereum, it showed a similar trend to Bitcoin. 43.7% of respondents (compared to 46.6% last week) forecasted that Ethereum would rise or rise sharply next week. Those expecting flat movement accounted for 37.3% (compared to 36.5% last week), while those anticipating a fall or sharp drop remained at 19.1% (compared to 17.0% last week).
When asked about market sentiment, 27.5%, responded with optimism or extreme optimism. The proportion of those responding neutrally was recorded at 43.2%. The percentage of people experiencing fear or extreme fear in the current cryptocurrency market is 29.3%.
In response to questions about coins they recently sold or plan to sell 18.0% of respondents answered Ethereum, followed by 15.9% for Bitcoin.
Additionally, 12.9% mentioned XRP, 6.7% Dogecoin, 4.9% Solana, 1.8% TRON, 1.3% Pi, 1.2% MiL.k, and 1.1% AhaToken.
Furthermore, a total of 36.2% provided various other opinions. These included cryptocurrencies such as Bonk, Shiba Inu, Polygon, Ethereum Classic, BitTorrent, World, Official Trump, Metadium, CORE, and others. 14.4% of respondents stated they had no intention to sell.
In response to questions about coins they recently sold or plan to buy 19.9% of respondents answered Bitcoin, followed by 17.8% for Ethereum.
Additionally, 14.3% mentioned XRP, 5.1% Dogecoin, 3.0% Solana , 2.9% Pi, 1.3% Shiba Inu, 1.1% TRON, and 1.1% AhaToken.
Furthermore, a total of 36.2% provided various other opinions. These included cryptocurrencies such as MiL.k, Cardano, AhaToken, Stellar, BitTorrent, Babydoge, CORE, Ethereum Classic, Official Trump, and others. 15.0% of respondents stated they had no intention to buy.
As a response to a survey asking ‘The SEC has begun reviewing the approval of an XRP spot ETF. Following BTC and ETH, will it be approved?’, 68.0% answered ‘Possible’. Those who answered ‘Impossible’ were 15.6%. 16.4% of respondents answered ‘Approval is inevitable, and other spot ETFs will follow.’.
Related links:
Telegram https://t.me/CratosOfficial
Twitter https://twitter.com/cratostoken
Website https://www.cratostoken.com/
CoinMarketCap https://coinmarketcap.com/currencies/cratos/
Cratos Global https://cratosglobal.page.link/medium
