Citi economist Kim Jin-wook raised South Korea’s GDP growth forecast to 3.8% for 2026 and 3.3% for 2027, despite a temporary slowdown in August industrial production.
The upgrade reflects a recovery in the auto sector and strong manufacturing activity, supported by the ongoing semiconductor boom.
Citi expects South Korea’s chip-led economic expansion to continue through 2028. 📈
According to TradingBeats monitoring on September 28, a Hyperliquid address beginning with 0x9c6a continues to hold a large SOL long position, estimated at around 550,000 SOL contracts, with an average entry price near $80.90.
According to BlockBeats On-chain Detection, the address first added to the position on August 10, when SOL was trading near $77. It later reduced part of the position to take profits before adding back to the trade.
At the time of reporting, SOL was trading around $118, roughly 53% above the initial August entry level.
📌 LINK, NEAR and SUI are showing strong momentum today. Avoid chasing a vertical candle; wait for a pullback/retest or a confirmed breakout before entering.
⚡ Entry Strategy: Prefer a confirmed bounce from $2,665–$2,680, or wait for a clean breakout above $2,700 followed by a successful retest.
📊 Market View: $ETH is trading near the $2,700 area, with short-term momentum remaining constructive. The $2,700–$2,800 zone remains an important resistance area.
⚠️ Risk Management: Avoid chasing the breakout. Use proper position sizing, manage risk carefully, and DYOR.