Hong Hao: Frequent traders often meet their demise on the road to bottom-fishing August 5, 2026 – Renowned economist Hong Hao (@HAOHONG_CFA) shared during an interview on Binance Lounge that the time window for this major market adjustment is expected to last until the end of August. To determine whether South Korea's KOSPI index has hit bottom, the key lies in the fundamental developments of its two major constituent stocks. Over the next two to three weeks, the market bottom and bottom-fishing opportunities may become clearer. He pointed out that many investors enjoy frequent trading, but as the saying goes, "Retail investors get trapped at the peak, while seasoned traders perish on the road to bottom-fishing." Therefore, there’s no need to rush right now. If this adjustment is part of a typical bubble burst process, even though the market has already dropped nearly half, there may still be room for further decline. In addition to price trends, investors should also pay attention to other market indicators and the stance of South Korean regulators. Source: Binance 华语