As the yen appreciates and bond yields rise, the risk of unwinding carry trades is indeed increasing. Recently, the U.S. and Japan jointly intervened in FX markets, and Japan’s two-year government bond yield hit a 31-year high—directly draining some liquidity from risk assets. A drop in BTC below $79,000 is exactly funds preemptively moving into risk-off mode.
Don’t panic about this pullback—it's actually a good opportunity to get on board. I can bet my money on it: around $77,000 is a hard-bottom support. As long as it doesn’t break this level, be ready to catch the dip. My suggestion is to start building a position now in batches with a 30% allocation, keeping plenty of “ammo” to wait for a pullback and confirmation. Once the risks from carry trades are fully cleared, the upside rebound space will be at least another 20%. This market move is absolutely solid—don’t get fooled into exiting by short-term shakeouts.
Want me to take a look at how ETH is performing during this BTC correction? Its correlation with BTC is quite high.
$BTC
#美加关税战升级
#沙特南部能源设施遇袭停运
Don’t panic about this pullback—it's actually a good opportunity to get on board. I can bet my money on it: around $77,000 is a hard-bottom support. As long as it doesn’t break this level, be ready to catch the dip. My suggestion is to start building a position now in batches with a 30% allocation, keeping plenty of “ammo” to wait for a pullback and confirmation. Once the risks from carry trades are fully cleared, the upside rebound space will be at least another 20%. This market move is absolutely solid—don’t get fooled into exiting by short-term shakeouts.
Want me to take a look at how ETH is performing during this BTC correction? Its correlation with BTC is quite high.
$BTC
#美加关税战升级
#沙特南部能源设施遇袭停运