#数字货币市场回升 There has been a big stir in the Japanese bond market recently—the two-year government bond yield has directly pierced 1%, which is the first time since the 2008 financial crisis. The market immediately caught the scent: the Bank of Japan may seriously consider raising interest rates. The five-year and ten-year yields followed suit and rose, and the yen strengthened in the short-term, which means that money is starting to reassess.

What does this mean for the crypto world? Currently, it seems that Japan really will raise interest rates, which may siphon off some safe-haven funds from traditional assets, leading to inevitable short-term volatility. However, looking at the long term, once monetary policy shifts, assets will need to be reshuffled. High-growth assets like Bitcoin are still inherently attractive. Especially if subsequent economic stimulus is combined with an increase in government bond issuance and rising inflation expectations, digital assets like $BTC and $ETH may instead become hedging tools.

In the end, retail investors should not follow emotions. Here are a few pragmatic ideas:

Focus on the Bank of Japan's meeting on December 19th and see how the interest rate decision plays out, which will directly affect the trend of risk assets.

Don't rush in all at once; entering in batches is the right way. The medium to long-term support for mainstream currencies like $BTC and $ETH is still there.

Keep some US dollar stablecoins on hand, so you have the ammunition to buy the dip when volatility comes.

The global liquidity chess game is being rearranged, and the resilience of the crypto market will continue to manifest. With a clear mind and steady hands and feet, one can stand firm during the cycle.