Weekly South Korea Crypto Market Outlook : The second 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 4th to February 7th.
According to the regular survey on weekly trends of Korean cryptocurrency investors jointly conducted by CoinNesss and Cratos, 39.2% of respondents (compared to 42.7% last week) forecasted that Bitcoin would rise or rise sharply next week. The percentage of respondents expecting a flat movement was 37.3% (compared to 40.3% last week), while the percentage of respondents anticipating a fall or sharp drop was 23.6% (compared to 17.1% last week).
For Ethereum, it showed a similar trend to Bitcoin. 49.5% of respondents (compared to 41.2% last week) forecasted that Ethereum would rise or rise sharply next week. Those expecting flat movement accounted for 33.5% (compared to 38.7% last week), while those anticipating a fall or sharp drop remained at 17.0% (compared to 20.2% 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 18.4% of respondents answered Ethereum, followed by 16.4% for Bitcoin.
Additionally, 12.6% mentioned XRP, 6.5% Dogecoin, 2.7% Solana, 1.3% MiL.k, 1.1% Shiba Inu, 0.9% TRON, and 0.9% Polygon.
Furthermore, a total of 39.4% provided various other opinions. These included cryptocurrencies such as AhaToken, CORE, Metadium, Ethereum Classic, Cardano, BitTorrent, Worldcoin, Official Trump, Ondo Finance, and others. 17.5% 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 17.9% for Ethereum.
Additionally, 15.0% mentioned XRP, 5.3% Dogecoin, 3.0% Solana , 1.3% Shiba Inu, 1.2% MiL.k, 1.0% Polygon, and 0.9% Polygon.
Furthermore, a total of 39.4% provided various other opinions. These included cryptocurrencies such as Cardano, Ethereum Classic, Ondo Finance, AhaToken, CORE, Sui, Worldcoin, PEPE, Stellar, and others. 16.1% of respondents stated they had no intention to buy.
As a response to a survey asking ‘Due to the tariff war initiated by the U.S., trade disputes have intensified, causing Bitcoin’s price to plummet below $100K. What are your thoughts on this?’, 61.4% answered ‘The Bitcoin price will recover soon.’. Those who answered ‘The decline will continue.’ were 31.2%. 7.5% of respondents answered ‘The tariff war and Bitcoin prices are not directly related.’.
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
