$BTC Bitcoin Under Pressure as Yen Carry Trade Unwinds 📉🇯🇵
The unwinding of the yen carry trade is creating liquidity pressure across global markets, and Bitcoin is caught in the crossfire.
🔹 Investors borrowed low-cost JPY to fund higher-yielding assets
🔹 As rate differentials narrow, funding costs rise
🔹 Leveraged positions unwind → forced selling in risk assets like BTC
📊 Market Impact
Liquidity-driven deleveraging = higher volatility
BTC remains highly sensitive to macro liquidity shifts
Short-term moves dominated by funding stress, not narratives
👀 Key Watchpoints
BOJ signals & JPY strength
Global liquidity conditions
Risk sentiment across TradFi & Crypto
Direction ahead depends on liquidity + sentiment, not hype.
$BTC
