The Bank of Japan is about to raise interest rates, and global markets are holding their breath. It is almost certain that rates will reach their highest point in thirty years. Don't underestimate this 0.25%—it symbolizes the turning point of global cheap capital, which directly affects the lifeline of the cryptocurrency market.

In my view, the market has actually reacted in advance. The cryptocurrency market has been declining for nearly a month, with sentiment falling into 'extreme fear.' Besides the expectations from the Federal Reserve, the anticipation of Japan's interest rate hike has also been brewing in the background. Now that the 'shoe' is about to drop, it all depends on the statement from Bank of Japan Governor Kazuo Ueda at the press conference.

If a moderate rate hike is indicated, along with signals of a gradual approach, it may lead to 'bad news already priced in,' and the market's taut nerves might get some relief.

However, if there are indications of continuing aggressive rate hikes next year, we must be highly vigilant. Global liquidity is tightening, emerging markets are under pressure, and as the field with the strongest risk appetite, cryptocurrency may struggle to see improvement in the short term.

In terms of operations, it is advised: avoid blindly bottom-fishing. Hold your core positions and keep enough bullets. The recent market conditions still favor short selling, and avoid counter-trend operations. Our capital is limited, and our margin for error is low; preserving the principal is essential for survival!

I don't boast, nor do I make empty promises; I only share practical trading thoughts. If you want to keep up with strategies in real-time, follow Lao Luo, who lays out plans in advance every day in the village! If you want to find Lao Luo for real-time updates, we will build positions together, and I'll share my profits with you.

After this meeting, the global flow of capital may quietly change. Besides Bitcoin, what other crypto assets might break out against the trend? Follow me, and in the next issue, I will interpret those tracks with hidden opportunities.

I am Lao Luo, focused on cryptocurrency market analysis. #美国非农数据超预期 $BTC