🚨 Why is the market "red"? All eyes on December 19! 🇯🇵 🤔
We are currently hostages of macroeconomics, and here’s what is really happening behind the scenes:
🔍 The main culprit:
All eyes on Japan. On December 18-19, the Bank of Japan will hold a meeting. The market is pricing in >90% probability of a rate hike.
🤔Why is this important?
It disrupts the Carry Trade (cheap yen loans used to purchase $BTC ). Investors are liquidating assets to pay off debts.
📉 Adding fuel to the fire:
✅Fear of actions by the US Federal Reserve.
✅Institutional investors are locking in profits and going to cash before the Christmas holidays.
🗓 What to expect?
Until December 19 (Thursday), the market will be nervous. Major players will not buy the dip until they hear Japan's decision. "Uncertainty is a trader's enemy". And now 👇
BTCUSDT
Perp
87,466.1
+0.33%
XRP
1.9372
+0.29%
SUI
1.5151
+1.69%