10.24 Daily Preview, today let’s talk about Wang Feng, Fomo emotions, and Korean kimchi.
Yesterday, a friend outside the entertainment industry sent me the news of Wang Feng's divorce, along with a picture complaining about the historical low of the A-share market. I didn't care about this gossip at first, and I had no interest in Wang's private affairs. However, as someone who experienced the 312 incident, a magical memory suddenly emerged in my mind before going to bed. I quickly went to Google and Baidu to check and found that although most of the reports had been deleted and suppressed, there were still some clues left.
That’s right. In the days after March 12 and March 13 three years ago, Wang’s account was blown up and he lost money. It was said that this was the fuse for the intensification of the conflict between him and Zhang. Wang later got involved in the field of NFT and digital collection. He has always been known as a gambler. So, is it because he made a wrong choice and suffered a big loss this time? It is very likely.
Gossip is over, let's talk about FOMO. FUD is common in a bear market, but FOMO is relatively rare, especially in this bear market, there is not even a decent bull and alt season, so there is even less chance of decent FOMO; in this context, after the BlackRock and Grayscale incident fermented, the market fluctuated, but there was not much emotional excitement. This kind of sign feels quite healthy, and there is no need to warn of risks for the time being (of course, once the data and emotions are overall excited, that's another story).
Finally, taking advantage of the popularity of MINA, let’s talk about Korean kimchi, which is really an enduring concept. When I first entered the circle in 2017, I thought that Japan was more friendly to the industry, and I didn’t pay much attention to South Korea. It was not until I saw the power of Korean exchanges (Bithumb, Upbit) in 2018 and 2019 that I refreshed my original cognition. Although the former gradually fell due to various storms 20 years later, the latter (UP) has always been very resilient (even if there has been a period of silence under supervision). Combined with its recent performance, we have to admit that South Korea’s enthusiasm for the crypto world is really beyond words. Even at a time when CB is gradually lacking the online effect, it still maintains a good record. This is the case in a bear market, and of course we can look forward to it in a bull market. So the concept of Korean Wave might as well pay attention to it boldly.
