Looking back at the two interest rate hikes in Japan from last year to this year, this kind of super volatility must be planned in advance and seized. A quick rise followed by a slow drop and then a slow rise creates a space of several tens of thousands of points.
On July 28 last year, Japan raised interest rates, and ETH dropped from 3227 USD to 2112 USD at 8.5, while BTC fell by 17000 USD at 8.2-8.5. After a quick spike, it quickly retreated, then entered a period of more than 80 days of oscillation and consolidation, hitting a low of 48888 USD on August 5, and after nearly 3 months of oscillation, it broke through the 100,000 USD mark on December 5.
This year, on January 28, Japan raised interest rates, and ETH dropped from 3160 USD to 2080 USD at 2.3, while BTC fell by 15000 USD at 1.31-2.3. After a quick spike, it quickly retreated, then entered a 2-month period of oscillation and consolidation, hitting a low of 74457 USD on April 7, and after 6 months of oscillation, it reached a peak of 126208 USD on October 6.
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