$BTC $ETH 12 December Opening Fluctuation Analysis: Multiple Macro Factors Intertwined, Crypto Market Faces New Round of "Stress Test"

On December 1, the crypto market showed a significant correction as it entered the first day of the year-end, with mainstream assets like Bitcoin and Ethereum generally experiencing adjustments of more than 5% in a short period. This wave of volatility is not driven by a single event, but rather a resonance result from multiple factors such as global macro policies, regulatory statements, and market sentiment.

From the news perspective, Bank of Japan Governor Kazuo Ueda's statement about "continuing to raise policy interest rates based on improvements in the economy and prices" triggered expectations of liquidity tightening in the Asia-Pacific market. Although Japan has long maintained an ultra-loose monetary policy, any signals regarding normalizing interest rates will still trigger sensitive nerves in global capital flows, especially against the backdrop of the current extended high-interest rate cycle.

Meanwhile, rumors in the U.S. regarding personnel changes at the Federal Reserve, although not yet officially confirmed, also reflect the market's high level of attention to the continuity of monetary policy. Such information often exacerbates short-term fluctuations in sentiment, but investors should rationally distinguish between market rumors and the substance of policies to avoid overreacting.

It is worth noting that the People's Bank of China recently held another meeting to combat speculation in virtual currency trading, reiterating that activities related to virtual currencies are considered illegal financial activities, and emphasizing the risks of stablecoins in anti-money laundering and cross-border capital flows. Such regulatory statements are not new, but their continuity and coordination demonstrate a global focus on the compliance process of crypto assets, also reminding investors to pay more attention to policy and legal boundaries when participating.

The crypto market is always in a dynamic evolution, and short-term fluctuations are both risks and opportunities for discerning investors to re-evaluate trends and values.

In the face of multiple variables in policy, market, and technology, maintaining learning, rational analysis, and a long-term perspective is the best way to cope with the industry cycle. Follow Mig, participate in every attack by Mig villagers! Mig will announce specific entry times and real-time news in the village every day! #加密市场反弹 #日本加息