The Japanese yen interest rate hike has been implemented, and the expected 25 basis points have already been priced in by the market, so the short-term negative factors have been fully absorbed, which is positive; no bad news is good news.
After Japan's interest rate hike ends, will BTC rise first or fall?
This is the issue that many people are most concerned about recently.
I will give the conclusion first, then explain the logic. ---
1. Conclusion comes first (very important)
👉 After Japan's interest rate hike ends, BTC is likely: First oscillate / even a false drop, then really rise.
It is rarely 'taking off immediately'. --- 2. Why won't it rise immediately?
There are three reasons 👇 ① The market needs to confirm 'it has really ended' Central banks love to do one thing: 👉 Leave half the story Even if they stop raising, the market will still doubt 👇
Will it happen again? Will they change their tune? 👉 Therefore, funds will not rush in at the first moment.
Stop raising interest rates / Prepare to cut interest rates: 👉 Risk assets are starting to have space
You don't need to predict, just follow the direction. ---
② Is the money 'released' or 'retracted'?
The judgment method is very simple: Everyone is saying 'money is not enough' The market drops as soon as there is a breeze 👉 Note: The water is not much
Conversely👇 There are many positive news When there is a pullback, someone will buy 👉 Water has started to come back --- ③ Is the central bank's speech 'hawkish' or 'dovish'?
One article to understand: Japan's interest rate hike is quietly affecting BTC > First, a one-sentence conclusion: This round of Bitcoin isn't about 'it doesn't work', but rather 'money has been absorbed by the Bank of Japan'. --- 1. Recently with BTC, do you have this feeling? No explosive growth No sharp decline Walking sideways, constantly torturing people Even with positive news, it can't rise, and a negative event makes it shake.
Many new friends will start to doubt: 👉 'Is the bull market over?' 👉 'Is Bitcoin not appealing anymore?'
Don't rush to conclusions.
The key to this market trend isn't on-chain, nor with the market makers, But in — global interest rates, especially in Japan.
#ETH走势分析 Last night's strong rebound of BTC is expected to drive the rebound of ETC. The reason is that last night 2917 did not break, and it retested again, with funds supporting it. Today, the main focus is on whether 2981 can break through; if so, the resistance levels above are at 3022 and 3060.
#BTC走势分析 The BTC 15-minute chart rebounded after retracing to the 86440 area, forming a bottoming pattern, which is generally favorable for a rebound. Main focus on 87560 and the strong resistance area 88440$BTC