The Bank of Japan (BOJ) raising interest rates on December 18-19 is not a 'dark war' conspiracy, but rather a gradual normalization of monetary policy: domestic inflation is exceeding expectations (Tokyo CPI 2.0%) + international pressures (soaring U.S. bond yields, weak yen) are driving this with a 90% probability. This is more akin to policy coordination between the U.S. and Japan to avoid global liquidity imbalances, rather than geopolitical confrontation. Currently, the yen is ¥153/USD, and after the rate hike, it may rise to ¥140; the cryptocurrency market is under short-term pressure but has already priced this in. Domestic economic 'preparations': The inevitability of inflation and a weak yen. The BOJ's interest rate hike is a preparation for a 'soft landing' after years of ultra-loose policy, not an emergency measure: Inflation stickiness: Tokyo's core CPI has been above 2% for consecutive months, service inflation at 3.0%, and high import costs (energy/food) are forcing the BOJ to move from -0.1% to 0.75%. The limit for yen intervention: Interventions exceeding 90 trillion yen in 2024, depletion of foreign exchange reserves, and market expectations for interest rate hikes to stabilize the exchange rate. Political consensus: The Kishida/Shinzo cabinet supports normalization to avoid electoral pressure, with hawkish voices among committee members prevailing (such as Ueda Kazuo's gradualist theory). This is not a 'dark war', but data-driven: JGB yields have broken 1.95% (an 18-year high), and the BOJ needs to anchor the curve. International 'game': U.S.-Japan coordination vs. global liquidity undercurrents. Behind the surface 'preparation' is transatlantic coordination: Bond pressure: Under expectations of a rate cut by the Federal Reserve, the U.S. 10-year yield is at 4.0%, and Japan, as the largest creditor (holding $1.1 trillion in U.S. bonds), needs to raise rates synchronously to prevent arbitrage inversion and avoid capital outflows. G7 framework: The 2024 G7 summit tacitly allows Japan's normalization in exchange for the yen not depreciating indefinitely (to prevent export dumping), reinforcing the U.S.-Japan alliance (chips/security). Hedging against China factors: A strong yen indirectly raises pressure on the renminbi, but it is not a targeted 'dark war'; it is more like a global 'rebalancing': The European Central Bank has already cut rates, and Japan is following suit to avoid isolation. Potential undercurrents: Investment bank reports indicate that the BOJ is 'forced' to respond to Wall Street (Goldman Sachs/Morgan Stanley predicting 90%), but in reality, it is voluntary—synchronizing the 20% crypto tax in 2026 to suppress speculative inflows. There is no evidence to support extreme 'dark war theories' (such as the U.S. and Japan teaming up to suppress emerging markets); it is more macro synchrony: the Federal Reserve cutting rates in December + BOJ raising rates creates a 'U.S. loose, Japan tight' differentiation, buffering against dollar hegemony. $BTC $ETH #美联储重启降息步伐 #代币化热潮