#YenCarryTrade
The Japanese yen has strengthened sharply this week, raising fresh concerns about the unwinding of yen-funded carry trades.
When leveraged positions funded through low-interest currencies are reduced, global risk assets can experience sudden volatility.
Crypto traders should keep an eye on liquidity conditions, not just crypto charts.
#Bitcoin #Crypto #Macro
The Japanese yen has strengthened sharply this week, raising fresh concerns about the unwinding of yen-funded carry trades.
When leveraged positions funded through low-interest currencies are reduced, global risk assets can experience sudden volatility.
Crypto traders should keep an eye on liquidity conditions, not just crypto charts.
#Bitcoin #Crypto #Macro