#Japan has long fueled global liquidity through ultra-low rates and the yen carry trade. That era is ending. With rates heading toward multi-decade highs, carry trades risk unwinding draining liquidity from risk assets.
History is clear: past Japan tightening cycles were followed by sharp BTC drawdowns. If a rate hike comes on Dec 19, expect higher volatility and downside pressure, especially in crypto.
This isn’t panic it’s macro awareness. Liquidity drives cycles. Risk management > emotions as this key date approaches.
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