ChainCatcher Message, CryptoQuant analyst Joo Hyun Ryu pointed out that the 'Kimchi Premium' in the South Korean market has reached a local high of 5.12, indicating strong demand for Bitcoin among South Korean investors. Ryu further explained that the recent sharp adjustments in the market are attracting new investors to enter. Data shows that the proportion of short-term holders (STH, holding period of less than three months) has increased by 3 percentage points within a week. This trend suggests that despite market volatility, investors still show strong interest in digital currencies, especially in the South Korean market.