Major signal! The 10-year Japanese government bond yield has soared to 1.96%, just a step away from 2%, still in the high range of the past decade. This matter is not that simple and involves more than just Japan itself. $ETH $SOL $BNB
Japan has long been one of the sources of low-cost global funds. Many financial structures and leveraged operations have assumed its "forever low interest rates." Now this assumption is being broken. Once 2% is effectively breached, the impact will be enormous, and the logic of funds will need to be reshuffled. Will carry trade continue? Can low-cost financing still roll over? Which assets are propped up by "cheap money"? If these questions are seriously examined by the market, the reactions are often intense.
Though I don't want to easily say "black swan," this variable is like a delayed fuse; it may not explode immediately, but once it reacts, it will lead to a chain reaction. On the 19th, I must be especially vigilant. The most dangerous state for the market is "not taking it seriously yet."
In the coming days, I will not take aggressive actions; I will take it slow if possible and collect if I can. Judging right or wrong is sometimes not that crucial; avoiding being caught in the storm is the priority. The crypto market may also be affected, so everyone must be cautious!



