37.5% of Korean investors see recent BTC rally as a 'fake' short squeeze

According to a weekly survey of South Korean investors conducted by CoinNess and Cratos, bearish sentiment has regained dominance. The poll found that 41.3% of respondents expect Bitcoin to fall or drop sharply next week, up from 30.5% the previous week. Conversely, 35.6% anticipate a rise or surge (up from 27.3%), while 23.1% predict sideways movement (down from 32.2%). Reflecting this caution, 43.2% of participants described the current market sentiment as one of fear or extreme fear. Neutral sentiment was expressed by 29.5%, and optimism by 27.3%. When asked about Bitcoin's temporary recovery to the $76,000 level earlier this week, the largest group of respondents (37.5%) dismissed it as a "fake rally" caused by a short squeeze. Another 28.8% believe BTC's direction will ultimately be determined by macroeconomic factors such as the U.S.-Iran war, while 19.2% view it as a genuine rebound with the potential to reclaim $100,000. The remaining 14.5% were unsure.