I know the market conditions are very bad.
A few points to consider:
- Today is the expiration date of the VIX index, which is usually a net down day for the Nasdaq.
- Friday is the Bank of Japan's activity day, when they will announce an interest rate hike.
In the past, this event has led to negative price movements for $BTC (and substantial negative movements).
Given that this situation has occurred twice before, traders expect it to happen again, so I believe we have already seen the market sell off before the event occurs.
I do not think the event itself is bearish, so I believe that after a day or two of decline, we will see a positive response in 2026.
