$ETH $BTC Markets are flashing red are you ready to dive in?
Japan’s interest rate hike is now an 80–90% probability, threatening a $19 trillion yen carry trade unwind. BTC dropped below $83K this morning, and traders are sweating, remembering the December 2022 chaos when Japan unexpectedly shifted its yield curve control. Low liquidity around the holidays could amplify any shock, hitting BTC and crypto first.
Add the silent Fed tonight, and it’s a perfect storm brewing. BNB and other assets are already feeling the pressure. But don’t panic carry trade closures are short-term pain. Historically, BTC rebounds within months after Japan raises rates.
