Japan's tough interest rate hike is coming down like a guillotine, BTC drops below 85000, ETH drops below 3000! In just 24 hours, over 110000 people have been liquidated, and 2.9 billion dollars have evaporated—this may just be the prologue.
After a total collapse, the market hasn't had a breather, and the real "pressure cooker" is about to explode—The Bank of Japan is meeting this week, and the probability of raising interest rates to 0.75% has skyrocketed to 98%! A once-in-a-thirty-year tightening wave is triggering a brutal "Yen arbitrage massacre."
In the past, institutions borrowed nearly zero-interest yen, exchanged it for dollars, and speculated on Bitcoin for easy profit from the interest rate differential. Now, with Japan suddenly tightening, borrowing costs have soared, and global arbitrage capital is being forced to frantically sell assets and convert back to yen to repay debts. BTC is the first to bear the brunt, becoming a cash machine! This is not a collapse of faith, but rather a severe tightening of liquidity.
📉Looking back at "Black Monday, the sharp drop had long been foreshadowed:
1️⃣ The Fed's interest rate cut expectations have suddenly cooled, Powell's attitude is ambiguous, and the liquidity feast has ended prematurely;
2️⃣ Standard Chartered has sharply cut its Bitcoin target price, and the purchasing power of whales seems to have peaked;
⚠️ With multiple bearish factors stacking up, is the crisis just beginning?
In just 24 hours, over 110000 people have been liquidated, and 270 million dollars have evaporated—this may just be the prologue. Japan's interest rate hike, this "clear-cut knife" is coming down, and those eager to bottom-fish the flying knife may end up catching the scythe that cuts at the waist.
• Remember:
Control your hands, cash is king. Wait for the panic to be fully released, wait for the bloody chips to hit the ground. The market never lacks opportunities, but only by surviving can one laugh last.
In this market, do you see a crisis or an opportunity? Stay steady, and you can win!

