Korean Investors Shift Focus from Bitcoin to Altcoins Ahead of Anticipated Q4 Rally According to a recent report by 10X Research, South Korean crypto traders are actively rebalancing their portfolios, moving away from Bitcoin (BTC) and towards altcoins. This shift is evident in the declining kimchi premium, which represents the price difference between BTC in South Korea and the global average. The report highlights that the kimchi premium has been hovering near its lowest levels since October 2023, indicating that Korean traders are reducing their exposure to BTC. Instead, they are rotating into altcoins, such as UXLINK, CKB, ARK, and PENDLE, in search of undervalued assets. This move suggests that Korean traders anticipate a surge in altcoin prices during the fourth quarter of the year. As Bitcoin consolidates around $65,000, savvy investors are accumulating undervalued altcoins to capitalize on potential gains.