Weekly South Korea Crypto Market Outlook : The fourth week of January 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 January 21st to January 24th.
According to the regular survey on weekly trends of Korean cryptocurrency investors jointly conducted by CoinNesss and Cratos, 47.7% of respondents (compared to 47.7% last week) forecasted that Bitcoin would rise or rise sharply next week. The percentage of respondents expecting a flat movement was 34.0% (compared to 34.0% last week), while the percentage of respondents anticipating a fall or sharp drop was 18.4% (compared to 18.4% last week).
For Ethereum, it showed a similar trend to Bitcoin. 57.5% of respondents (compared to 57.5% last week) forecasted that Ethereum would rise or rise sharply next week. Those expecting flat movement accounted for 31.3% (compared to 31.3% last week), while those anticipating a fall or sharp drop remained at 11.3% (compared to 11.3% 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 18.2% of respondents answered Bitcoin, followed by 17.0% for Ethereum.
Additionally, 12.9% mentioned XRP, 6.3% Dogecoin, 4.4% Solana, 1.6% Stellar, 1.5% Official Trump, 1.2% MiL.k, and 1.1% Shiba Inu.
Furthermore, a total of 35.7% provided various other opinions. These included cryptocurrencies such as TRON, AhaToken, Polygon, PEPE, Worldcoin, Ethereum Classic, CORE, Cardano, Metadium, and others. 13.5% of respondents stated they had no intention to sell.
In response to questions about coins they recently sold or plan to buy 20.0% of respondents answered Bitcoin, followed by 17.3% for Ethereum.
Additionally, 14.9% mentioned XRP, 5.6% Dogecoin, 4.3% Solana , 1.9% Official Trump, 1.1% Cardano, 1.0% MiL.k, and 1.1% Shiba Inu.
Furthermore, a total of 35.7% provided various other opinions. These included cryptocurrencies such as Shiba Inu, TRON, AhaToken, Ethereum Classic, Stellar, CORE, Paycoin, BitTorrent, PEPE, and others. 12.9% of respondents stated they had no intention to buy.
As a response to a survey asking ‘With Trump’s second term beginning, many expect altcoin ETF approvals to accelerate this year. Which do you think will be approved first?’, 26.1% answered ‘Solana’. Those who answered ‘Ripple’ were 52.7%. 9.6% of respondents answered ‘Litecoin’. 4.9% of respondents answered ‘None will be approved this year’. 6.9% of respondents answered ‘Not sure’.
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
