If Japan can't hold on, the United States will directly step in to rescue the yen. It cannot conjure money out of thin air; it can only 'print' dollars on-site to buy yen. Although this is nominally called 'joint intervention in exchange rates,' in the eyes of cryptocurrency, it is no different from the massive monetary easing in 2020— as long as the number on the Federal Reserve's balance sheet goes up, the liquidity will flow through the financial pipeline into Bitcoin. You don't need to focus on whether to raise or lower interest rates; just look at the H.4.1 report released every Thursday to see if 'foreign currency assets' have surged.

Deductive Logic: Yen crisis → Forcing the Federal Reserve to expand its balance sheet intervention → Releasing dollar liquidity → Overflowing into the crypto market.

Specific Reason: The yen is at the core of global arbitrage trading. If the yen collapses, the global financial system will face trouble; if the U.S. intervenes, it will have to inject liquidity. As long as the Federal Reserve has to increase its assets, BTC will be the ultimate beneficiary.