ME News - On December 19 (UTC+8), the Bank of Japan announced a 25 basis point interest rate hike on Friday, raising the uncollateralized overnight lending rate to 0.75%, the highest level since 1995. The decision was announced after a two-day policy meeting and passed with a unanimous vote of 9:0, fully in line with market expectations. Following the news, Bitcoin led a rebound in the cryptocurrency market, briefly rising over 2%. Along with the market rebound, many well-known analysts and traders expressed bullish views immediately, bringing a much-awaited positive sentiment to the market. Trader Eugene Ng Ah Sio, who had been silent for nearly a month, posted on his personal channel, stating that most altcoins have entered the end of their decline, "It’s time to start listing watchlists and placing buy orders." However, mainstream coins may still have room for further decline. Chinese crypto analyst Ban Mu Xia continues his recent bullish viewpoint, suggesting that Bitcoin's key resistance is in the range of $98,600 to $107,000, with $112,500 being a strong resistance level. Arthur Hayes once again proclaimed, "Don’t go against the Bank of Japan; negative real interest rates are their open policy. The yen will fall to 200 against the dollar, and Bitcoin will rise to one million dollars." Even the usually "low-profile and taciturn" "BTC OG insider whale" agent Garrett Jin immediately posted a call: "Bitcoin and ETH will see a surge, with the first target: Bitcoin at $106,000 and Ethereum at $4,500." (Source: ME)

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