Recently, I noticed a particularly interesting phenomenon—the Korea KOSPI index just hit a new all-time high, and the Japanese stock market is also rallying. Some friends are analyzing: will the money earned by these Korean and Japanese investors flow into the crypto market?

This speculation is not unfounded. Korea itself has about 10 million crypto investors, who are the main force in the crypto space. A few years ago, due to regulatory pressure, approximately $110 billion in funds flowed to overseas platforms. Now that the domestic stock market is highly profitable, these players have idle funds and naturally seek more flexible investment options—the crypto market perfectly meets this demand.

Japan’s situation is even more noteworthy. Historically, some listed companies have emulated MSTR’s strategic approach by increasing their BTC holdings, which caused their stock prices to surge by 4000%. If investors see such cases and consider current profit-taking opportunities, they are very likely to want to participate as well.

From a historical perspective, whenever capital flows out of Korean and Japanese stock markets, the crypto market—especially core assets like BTC and BNB—often receives incremental capital injections. Could this time follow the same logic? It’s worth observing.