Family! The tranquility of the crypto world has been completely shattered. After 30 years, the Bank of Japan is set to make a big move on December 19 to raise interest rates! Just to clarify, the rumor circulating online about a 75 basis point increase is purely clickbait; the reliable news is a 25 basis point increase, raising the rate to 0.75%. Don’t think that 25 basis points is a small matter; this move is directly aimed at the lifeblood of the crypto market!
Veteran players understand that for the past few years, the low-interest yen has been the 'free leverage ATM' of the crypto world. How many people have relied on low-cost yen loans to leverage and trade cryptocurrencies, a classic operation known as 'playing with empty hands to catch a wolf,' and referred to in the community as the 'Yen Arbitrage Team.' But now that interest rates have risen, this situation has completely changed: previously, the yen leveraged was seen as the 'crypto suicide squad,' but now with soaring interest costs, arbitrage funds will definitely rush back to Japan overnight, and the first to be hit will be Bitcoin, the 'leader of the crypto circle.'
To be honest, the current crypto market is like a person running naked in the eye of a typhoon; it looks temporarily calm, but in fact, there are crises lurking everywhere. On one hand, those funds that entered the market with yen leverage will be forced to close positions, and who can withstand the massive sell orders? On the other hand, all risk assets need to be repriced; your crypto assets, which you were fantasizing about achieving 'financial freedom' with the day before, might turn into 'freedom from wealth' the next day, which is to say, you lose until there's nothing left but air!
But don't panic and directly cut losses to leave the market. I have a core judgment that I want to emphasize: the key point is to watch the statements from the Bank of Japan Governor Kazuo Ueda's press conference! A word from this old man can directly determine whether the crypto circle is a 'false alarm' or a 'bloody storm.' If he takes a dovish stance and says, 'Future rate hikes will come slowly, everyone don't panic,' then this wave of shock is likely just a breeze passing by, and the market will just shake a bit and that's it; but if he dares to hint that 'we will continue to increase rate hikes next year,' then we should be prepared to witness a crypto version of the 'roller coaster crash special,' with altcoins likely plunging collectively to see who falls faster.
Let me tell you about a high-probability event: before December 19th, there will definitely be a lot of funds fleeing early to avoid risks. After all, no one wants to bet on the 'mouthpower' of Kazuo Ueda; securing profits is the way to go. Now the most critical question arises: can Bitcoin hold the $80,000 mark? Will those altcoins without much support directly collapse?
My personal trading advice is just one sentence: don't recklessly increase leverage recently, streamline your holdings as much as possible, and control risks. As for the specific timing for bottom-fishing and which varieties can withstand the shock, I will be closely monitoring the press conference on the 19th for real-time interpretation. If you want to catch the first-hand analysis and avoid pitfalls, hurry up and hit follow so you don't get lost!@帝王说币 #ETH走势分析 $BTC
