SUI defies the trend and surges, reigniting the ETF narrative 💧🚀 While the market was generally down, $SUI bucked the trend, rising 6%! This is due to news of new progress in the application for a SUI spot ETF. Institutional funds are betting on this rising star in the public blockchain industry; this wave is quite complex and worth watching.$SUI
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Direct impacts: 1️⃣ Arbitrage trading collapse: The yen, as a cheap financing currency globally, sees interest rate hikes raising leverage costs, triggering trillions in liquidations, exacerbating volatility in assets like BTC. 2️⃣ Liquidity crisis: Funds flowing back to Japan cause a sell-off in US stocks and the crypto market, with Bitcoin dropping over 20% in a single month.
Core contradiction: Japan's debt exceeds 260% of GDP, and an interest rate hike could trigger a spiral of national bond sell-offs, affecting global bond markets.
Strategic recommendations: Reduce leverage, monitor movements of compliant exchanges in Japan; if US stocks plummet in a correlated drop, consider buying resilient altcoins at lower prices.
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