Today the crypto market showed a strong rebound, with Bitcoin recovering close to 93,000 USD after the recent drop, also boosting Ethereum, XRP, and Solana. This movement has temporarily restored optimism to the market, again raising the global capitalization of cryptocurrencies. Many traders interpret this rebound as a possible 'technical pullback' within an still bullish structure.
⚠️ However, macro risk remains very present. The Bank of Japan is preparing for a possible rate hike at its meeting on December 18–19, an event that could withdraw liquidity from the global financial system. Japan has been one of the main sources of cheap money for years, and any monetary tightening usually puts pressure on risk assets, including the crypto market.
💴 If the yen strengthens after the rate hike, we could see:
Capital outflow from speculative assets
Increase in volatility in Bitcoin and altcoins
Possible short-term corrections after the current rebound
✅ Conclusion for traders:
Today's rebound is a positive signal, but it remains a market highly sensitive to the macroeconomic context. With the Bank of Japan's decision so close, it is recommended to manage leverage with extreme caution, secure partial profits, and be prepared for sharp movements in both directions.
