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Unstoppable #Agix and #Fet

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Explaining why Bitcoin dropped on the news that Japan will hike interest rates I know I’m a little late to explain this, but it’s still important to understand what actually happened. First, one important correction The immediate impact you see on the chart was not institutions. Big banks and institutions don’t react that fast. That first sharp move was mostly retail and algos reacting to the headline. Moves driven by news like this usually have a delayed impact when it comes to institutions. Now the bigger picture For years, Japan’s near zero interest rates made the Japanese Yen the funding currency. Institutions borrowed Yen cheaply, converted it to USD, and deployed that capital into higher yield assets stocks, bonds, and maybe Bitcoin. This is known as Yen carry trade. Here’s where it gets interesting. The US is cutting rates, while Japan is hiking rates. This squeezes institutions on both sides. Funding in Yen becomes more expensive Returns in USD start coming down The carry trade becomes less attractive That’s where the real pressure comes from and that impact shows up later, not instantly. I think 2026 will unfold so many things. A few more rate hikes from Japan and rate cuts from the Fed can really turn things around.

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$BTC Got rejected from the mid range two times and retested the range lows as well as we discussed in my last update. One thing i am liking here is despite continuous sell pressure Bitcoin is still holding the range low. I am pretty sure a lot traders may have shorted it around the lows because traders pay so much attention to the candle bodies and last two days candles were good enough to attract short sellers. $90k is the key area to watch if price manage to break and hold above that, I think we will see $93k again and probably a breakout of that as well.

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$HYPE From $31 to 22 Reading charts is this simple, When price breaks a key zone, you simply expect it to continue to the downside or upside depending on which way its breaking.

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It’s been 5 days, and my family and I have been fighting flu, cough, body aches, and fever Prayers needed.

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Bitcoin is still trading within the daily range. US inflation (CPI) data is due today, expect some Volatility during the NaY session.

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