#数字货币市场洞察 $BTC $ETH $ZEC

This time, the Bank of Japan is really making a move—the most aggressive rate hike since 1995!

News from the market is coming in more and more frequently. This month, the Bank of Japan is very likely to push interest rates to their highest level in nearly 30 years. What does this signal mean? The world’s last major “cheap funding pool” may be about to shut down.

What should crypto market participants be wary of? Here’s the conclusion first: liquidity.

In recent years, what have countless institutions and whales been doing? Borrowing low-interest yen and then buying US dollar assets or cryptocurrencies. Near-zero cost capital has fueled the rise of many assets. BTC and ETH have both been key targets for these funds. But now the rules of the game have changed—a rate hike directly pushes up financing costs, and yen appreciation will further squeeze arbitrage opportunities. Last year, even a slight move by Japan caused significant market volatility—this time, the impact will only be greater.

Three potential risks are right in front of us:

Liquidity tightening. Once “cheap money” decreases, will the market immediately feel pressure on the funding side?

High-leverage liquidation risk. Sharp currency fluctuations combined with price swings will rapidly erode the safety margin of leveraged positions.

Emotional chain reactions. With the last major central bank turning hawkish, is this signal clear enough?

But let’s look at it from another angle.

Every market shock triggered by macro policy is a window for chip redistribution. Have the fundamentals really collapsed? Or is it just short-term panic? Smart money often acts when others are fearful.

The question now is: will this rate hike become the catalyst for a market turnaround? Or will it be another classic “expected drop, rebound after the news is out” scenario? Will BTC and ETH see a deep correction, or quickly digest this bearish news and continue upward?

What’s your strategy? Are you averaging in to buy the dip, or waiting on the sidelines for a clear signal?