Market Macro Assessment: The Bank of Japan's interest rate hike is finalized, and negative news has been fully released while we await the initiation of a new mainline
Dear colleagues, today the Bank of Japan announced an interest rate hike as expected. This operation, which aligns with market expectations, still poses a substantial negative impact on the cryptocurrency market against the backdrop of tightening global liquidity.
From the perspective of macro liquidity, this interest rate hike by the Bank of Japan is essentially a continuation of the tightening monetary policy cycle of major global economies. This move will further exacerbate the market liquidity siphoning effect. In the short term, the cryptocurrency market, as a representative of high-risk assets, is likely to bear the pressure brought by the diversion of funds.
Looking back at recent market dynamics, multiple negative factors have been densely released and are gradually being digested. From geopolitical disturbances at the macro level to the implementation of regulatory policies within the industry, market sentiment is already at a relatively low range. According to the financial market logic of “when negative news is fully released, it becomes positive,” the current market is at a critical turning point between the end of risk release and the brewing of new momentum.
As negative factors gradually clear, market valuations will return to rational ranges, and expectations for marginal improvement in funding will also gradually warm up. We judge that a new round of bullish trends in the cryptocurrency market has entered the countdown stage, and now is the strategic window period to accumulate at low levels and await a trend reversal.
