#日本央行加息至31年高位
Bank of Japan raises 50 bps, so why did $BTC rise instead?
Ueda Kazuo said the most frightening option out loud:
The Bank of Japan does not rule out consecutive rate hikes, nor does it rule out a single rate hike of 50 basis points. The policy phase has shifted to preventing inflation from exceeding 2%. Reuters
As a result, the yen fell instead.
The USD/JPY rose about 1.2% to 157.84, with the yen touching a two-week low. At 17:45 on September 18 (UTC+8), BTC was around $78,000, with the snapshot up about 1.85%.
For now, markets treated the 50 bps as a verbal possibility rather than an item on the agenda for the next meeting.
The reason is clear: there were two votes against the rate-hike proposal. Japan’s interest rate is 1.25%, still far below the U.S.’s 3.75%—4.00%.
BTC holds above $76,000—still bullish! If the yen suddenly breaks above 155, and BTC’s daily chart again falls below $76,000, carry-trade positions may begin to unwind. At that point, be sure to control your position sizing. I will continue to monitor this and update you in a timely manner.
#BTC #日本央行 #JPY carry trade
Bank of Japan raises 50 bps, so why did $BTC rise instead?
Ueda Kazuo said the most frightening option out loud:
The Bank of Japan does not rule out consecutive rate hikes, nor does it rule out a single rate hike of 50 basis points. The policy phase has shifted to preventing inflation from exceeding 2%. Reuters
As a result, the yen fell instead.
The USD/JPY rose about 1.2% to 157.84, with the yen touching a two-week low. At 17:45 on September 18 (UTC+8), BTC was around $78,000, with the snapshot up about 1.85%.
For now, markets treated the 50 bps as a verbal possibility rather than an item on the agenda for the next meeting.
The reason is clear: there were two votes against the rate-hike proposal. Japan’s interest rate is 1.25%, still far below the U.S.’s 3.75%—4.00%.
BTC holds above $76,000—still bullish! If the yen suddenly breaks above 155, and BTC’s daily chart again falls below $76,000, carry-trade positions may begin to unwind. At that point, be sure to control your position sizing. I will continue to monitor this and update you in a timely manner.
#BTC #日本央行 #JPY carry trade
