Korean crypto investors don come down from Bitcoin high to dey careful as their mind drop after FTX say dem go pay back money
Wetin dem survey recently among Korean crypto investors show say market mind don change. Before before, for April, dem see say pipo dey bullish for Bitcoin (BTC), with 46.2% of dem say price go increase, plus dem see Bitcoin as beta investment pass gold. But new survey wey dem do from May 20 to 23, 2025, by Bitcoin World and Cratos, show say optimism don cool down well well: only 27.5% now get positive mind, with plenty pipo (29.3%) wey say dem get fear, and 43.2% wey just siddon for middle. Short-term bullish expectations for Bitcoin fall down from 49.4% last week to 37.6%. Market pipo don dey more careful now, with plenty of dem wey dey expect say BTC market go either stable or fall. As for FTX's $5 billion creditor repayments wey go happen on May 30, 41.7% of pipo believe say the tin go make market go down or say dem don already price in any good effect, and 31.4% say e no go get any effect, dem dey focus more on big big economy mata pass single news. This trend show say pipo no wan take risk too much, dem no dey focus on small small crypto mata like FTX payouts again, and market dey shift to stability instead of just trading based on events.
Bearish
Before before, survey show say Korean crypto investors get strong mind say market go rise, dem expect say Bitcoin go do pass normal assets and price go increase. But, di latest report show say optimism don drop well well, few traders now expect BTC price go rise, and many don dey cautious, neutral, or even fear. Di FTX creditor dem wey dem wan pay back, wey dem bin think say na big deal, now dem dey see am say e don already enter price or e no too important, dis one still cool down di market ginger for short time. Dis change mean say people don dey careful about risk and market don dey stable, traders no dey rush follow small small news again, dem dey look big big economic trend. For Bitcoin traders, dis market coolness show say di price fit no go up much, and momentum don reduce, plus e fit still drop further if global situation no better.