#日本加息

The news of Japan's interest rate hike has been fully priced in by the market.

BTC and ETH prices have both been on a continuous decline.

As high-risk products, they are currently not experiencing significant increases.

With the interest rate hike implemented, it is generally high-return financial products that rush to escape.

This is a carry trade, borrowing yen cheaply, then repaying at a very low cost after investing.

In the time that the virtual currency market has been highly priced, if the Governor of the Bank of Japan, Kazuo Ueda, makes dovish follow-up comments, it will be a positive signal.

If he makes hawkish and strong comments, the first probability is low, and second, the virtual currency market has already priced in all potential risks.

Currently, usd/jpy is at 155.7+, and today the market has not seen much fluctuation regarding the news of Japan's interest rate hike, indicating that this news's 'negative impact turning into a positive' is true.

Waiting for the latest news from Japan shortly.