Japan's interest rate hike countdown! The shoe is about to drop, and the market's focus is already locked in:
The Bank of Japan will raise interest rates by 0.25% on December 19, it's a done deal, the shoe just needs to drop!
Although the market has already priced in this rate hike expectation, the real suspense lies in what follows: will the rate hikes continue?
History tells us: Japan's interest rate hikes = Bitcoin crash curse!
During the last three rate hike periods, Bitcoin's performance was simply dismal:
In March 2024, BTC crashed -24% after the rate hike!
In July 2024, BTC crashed -30% after the rate hike!
In January 2025, BTC crashed -32% after the rate hike!
Will Bitcoin repeat the crash curse after this rate hike?
Right now, everyone is watching the Bank of Japan's subsequent actions!
If it's just a one-time hike of 0.25%, the market has already priced that in
There won't be much impact; but if there's a hint of continued rate hikes, that would be the "eye of the storm" for the global market!
The Ethereum position at 3150 hit a low of 2870
A profit of 280 points is securely in hand!
For those who got in, making a few hundred U is definitely not a problem!
For those who missed out, don't worry
Tonight there will still be opportunities for large US stock placements, the market is handing out money, will you miss out again?
Come to the chat room, let's keep going tonight!!!
