Recently, several trading days have seen the Asia-Pacific markets perform exceptionally well.

The Japanese Nikkei 225 index has been soaring, closing up 1,493 points, a 2.97% increase, ending at 51,832.80 points. The chip and heavy industry sectors have become the main drivers, reflecting the market's strong optimism for export recovery by 2026. Japan's economy is expected to rebound driven by both consumption and exports, and this expectation is pushing up risk assets.

South Korea's performance is even more extraordinary. The KOSPI index rose 3.43%, closing at 4,457.52 points — the first time it has stabilized above 4400 points in history. You can imagine how enthusiastic local investors are. Samsung Electronics led the way, with a single-day increase of 7.47%, marking its best day since 2020. SK Hynix and defense industry stocks also followed suit, forming a pattern where technology and military sectors advance together.

This phenomenon warrants attention. The recent surge in Japan and South Korea's stock markets is essentially a concentrated deployment of large amounts of capital into risk assets. These liquidity flows often seek an exit, and the crypto market, as an important global risk asset allocation window, naturally feels this wave of enthusiasm. Especially assets like SOL, which are highly correlated with Asian markets, and high-volatility sectors like Meme tokens, tend to be the first to react to this cross-market capital influx.