$ETH is getting interesting again.
Institutional demand is growing, staking is reducing liquid supply, and the next Ethereum upgrade is getting closer.
Meanwhile, Bessent’s comments about working with Japan made me pay closer attention to USD/JPY.
If he really has a better read on the yen and BOJ policy, going against that view could be a risky trade.
The yen has already strengthened sharply after the U.S. Japan intervention, so USD/JPY is one pair I’m watching closely.
I’ve added it to my BingX watchlist. Now I’m curious to see whether traders follow Bessent’s view or take the other side.
FX options could also offer another way to express a view without trading spot.
This could become an expensive battle between two very different market views.
#USDJPY #Forex #BingX #FXTrading
Institutional demand is growing, staking is reducing liquid supply, and the next Ethereum upgrade is getting closer.
Meanwhile, Bessent’s comments about working with Japan made me pay closer attention to USD/JPY.
If he really has a better read on the yen and BOJ policy, going against that view could be a risky trade.
The yen has already strengthened sharply after the U.S. Japan intervention, so USD/JPY is one pair I’m watching closely.
I’ve added it to my BingX watchlist. Now I’m curious to see whether traders follow Bessent’s view or take the other side.
FX options could also offer another way to express a view without trading spot.
This could become an expensive battle between two very different market views.
#USDJPY #Forex #BingX #FXTrading
