Deep Tide TechFlow News, on November 24, Fundstrat's Head of Digital Asset Strategy Sean Farrell pointed out in the latest client report that although the price of Bitcoin has approached $99,000, the current market does not exhibit bubble characteristics similar to those seen at the end of 2021 or in March of this year.

According to his analysis, the 'Kimchi Premium' indicator in the South Korean market is currently around 0%, indicating that South Korean traders are not exhibiting excessive excitement. Typically, this indicator soars above 10% when the market reaches a peak. Farrell believes that the recent increase is not merely speculative exuberance, and the fact that friends and family have started inquiring about cryptocurrency investments suggests that there is still room for growth in the Bitcoin market.