According to CoinMeta, Goldman Sachs' Chief Asia-Pacific Equity Strategist Tim Moe stated that Korean stocks have 90% room for upside, with a target of KOSPI 12,000 points, based on a 5-fold prospective earnings multiple. Despite the Korean market experiencing sharp fluctuations due to leverage ETF, EWY and FLKR ETF have risen by approximately 65% since the beginning of this year. Goldman Sachs expects earnings growth of 32% this year and 35% next year.