This Friday, the interest rate hike of the yen is basically certain, which is currently the biggest uncertainty in the market. Although it may cause a procedural crisis, there is no need to panic too much.

Reference to past yen interest rate hikes and BTC fluctuations:

On March 19, 2024, the yen interest rate hike led to an 8% fluctuation in BTC and a 5% drop; the next day saw another 8% fluctuation before rebounding after hitting the bottom!

On July 31, 2024, the yen interest rate hike resulted in a 2% fluctuation in BTC, followed by a 5% drop the next day, and continued to decline, hitting the bottom in about a week!

On January 24, 2015, the yen interest rate hike caused a 4% fluctuation in BTC, which slightly recovered before continuing to decline!

What about this time? BTC is at a critical position; I believe it will have an impact, but the opportunity will come about a week later. The trend is more inclined towards a rebound, so wait for the opportunity and don’t panic!