🚨 JAPAN IS CHANGING THE RULES OF THE GAME (BUT WITHOUT SMOKE) 🇯🇵

✅ THE REALITY

• The Bank of Japan is exiting decades of ultra-loose policy.

• Japanese rates and yields are rising to levels not seen in many years (for Japan, that is huge).

• This reduces cheap global liquidity and hits the "yen carry trade" (cheaply borrowed yen to go into risk assets).

📉 REAL IMPACT ON MARKETS

• When Japan tightens, money comes back home.

• Less carry trade = less liquidity for stocks and crypto.

• Bitcoin suffers volatility when liquidity is drained, especially if the market is leveraged.

⚠️ WHAT IS NOT TRUE (and is exaggerated)

• ❌ There was no "surprise intervention today" confirmed with an instant historic rise.

• ❌ It cannot be said that a single action of the BoJ today is the sole cause of the BTC drop.

• ❌ The "everyone on Binance buying" is narrative, not macro data.

💣 THE RAW READING

Japan tightens →

carry trade breaks →

global liquidity shrinks →

leveraged markets pay the price.