Despite Bitcoin's recent price surge, the Korea Premium Index, a key indicator reflecting retail participation, remains below -0.5. This suggests that retail involvement has not actively contributed to the current price rally.
Historically, the Korea Premium Index has often spiked to extreme levels before Bitcoin's price reached its peak (TOP). Based on this chart, monitoring the Korea Premium Index's movement remains a valuable tool for identifying potential Bitcoin price tops.
Written by 우민규 Woominkyu
