Japan's interest rate hike doesn't need to cause panic

📈 The recent volatility in the cryptocurrency market has increased. Should we take Japan's interest rate hike anxiety seriously?

Regarding Japan's interest rate hike: The adjustment after a long period of low interest rates does indeed affect the liquidity, but the fear of the unknown has amplified pessimistic expectations! The dollar interest rate is already declining, and a yen interest rate hike is not unprecedented, so there’s no need to panic excessively.

Core judgment: The actual impact of interest rate hikes/cuts requires time to ferment; in the short term, emotions dominate! The biggest problem in the cryptocurrency market is not a lack of funds, but a lack of confidence—money is available, but there’s no desire to buy cryptocurrencies.

Buffer advantage: The yen interest rate hike directly affects dollar-denominated assets, and cryptocurrencies offer a buffer, so there's no need to withstand the shock hard.

Market situation: Recently, the volatility has been extreme, with declines mainly concentrated in altcoins! A reminder: Avoid altcoins!

Mainstream coin performance: Bitcoin remains stable around 90,000, while ETH and BNB have noticeably slowed their decline, relatively resilient.

Positioning strategy: Now is not the time to say the market is about to rise (both liquidity and confidence are insufficient), but when the market lacks confidence, it is precisely a good opportunity to consider building positions in long-term mainstream assets! If it declines further, there’s no fear; manage positions reasonably and keep some funds to cope with potential further corrections.

#Cryptocurrency market #Impact of Japan's interest rate hike