The Bank of Japan may continue to raise interest rates next week due to inflation in Japan exceeding the 2% target for more than three consecutive years. The actual borrowing costs remain deeply negative, creating an intrinsic demand for rate hikes. At the same time, there is significant pressure from the depreciation of the yen, necessitating rate increases to curb imported inflation. However, the pace of rate hikes depends on the economic response, as Japan's economy faces various uncertainties. For instance, U.S. tariff policies impact Japanese exports, domestic consumption is weakening due to rising prices, and it is uncertain whether the wage-inflation positive cycle can be sustained. Raising rates too quickly may disrupt economic recovery, so the Bank of Japan needs to adjust the pace of rate hikes based on the economic response to balance internal and external risks. #加密市场反弹 #ETH走势分析