I agree with your perspective on the Kimchi Premium, and I feel the signs are indeed pointing towards the start of a stronger crypto bull run. With Trump as president, increased institutional interest, potential crypto ETFs on the horizon, and a more crypto-friendly Congress, it feels like the regulatory and investment landscape is becoming more favorable for digital assets.

While unexpected events could always shake things up, the growing support and involvement from institutions and policymakers give me confidence that crypto is in a better position than ever to enter a sustained bull phase. And with Korean retail investors not fully in yet, like you mentioned, there’s potentially more room for growth as they and other global retail markets join in. Thanks for sharing this insight!