It is just pissy that this "complete ban" in SK has been rebunked, but news articles from BBC and other sources are still freshly releasing with sensational "South Korean Bans All Crypto" headlines! GRRRRR....
Without fake news to generate FUD, the pump and dumpers would literally have nothing to "justify" the crypto price swings in the public eye. The public always needs "reasons" for large moves up or down. Always. Or at least the PnD'ers want to give them one, even though it is complete made up bullshit. We've seen this pattern over and over for years now.
The fact remains that whale investors are desperately looking for more supply of Bitcoin, and the only way they can GET more right now is to shake the tree and continue shorting. That's it. And since this will be a long slog, I expect this behavior to continue for another 6 months, possibly longer. They have to build as much supply as possible way before the Bitcoin ETFs come online. In fact I wouldn't be surprised if the ETFs get delayed/pushed back by the SEC just because the insider whales aren't ready yet.
Keep buying and HODL. Get your coins off the exchanges.