**Market Alert: Japanese Interest Rate Decision Ahead š°ļø**
The highly anticipated Japanese interest rate decision is just around the corner. Let's take a closer look at how past market reactions have played out, particularly during 25 bps hikes.
Key differences between then and now š
Last year's unexpected hike caught the market off guard, resulting in a sharp BTC drop from $62,000 to $49,590. The unpreparedness of the market was the main culprit behind this move.
This time around, the news is already factored into the markets š. Most traders are positioned for a short-term decline, and liquidity is building on that side.
Market Expectations vs Reality šø
My analysis suggests that the downside potential is limited. A maximum drawdown of around 5% is expected, with $BTC possibly testing $80,200, $78,500, or even $74,500 in extreme cases.
A strong recovery towards $89,500 is likely after this period.
Looking Ahead: Next Week's Structure š
The upcoming week's market structure points towards a potential breakout to the 101,500 zone š.
**Focus on Impact, Not Headlines š¢**
@RiseHigh_Community emphasizes the importance of understanding impact, positioning, and liquidity ā not just reacting to headlines. Direction matters more than fear š.
Got Questions? Comment Below š¬
