📰 SMBC Nikko Securities strategists point out that strong U.S. inflation has raised expectations for Fed rate hikes, and the Bank of Japan may be forced to follow suit and tighten policy to prevent the yen from depreciating
$BTC , down 1.03% on the day. When bad news breaks, panic is often amplified; wait a day or two to assess its actual impact.
The first big candlestick after the news often sets the short-term mood, so it’s worth taking a closer look. If the news comes from more than one source, it’s more credible; if there’s only one source, treat it as a reference for now.

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