A big move was made in Japanese politics today - the establishment of the "Government Efficiency Department". This department is dedicated to one thing: cutting inefficient fiscal expenditures and outdated tax policies. Cabinet ministers collectively expressed that they would "spend money where it matters", while actually cooperating with the Central Bank of Japan to signal interest rate hikes. The market has sensed a different vibe.

What does this mean for the crypto market? If Japan really follows the Federal Reserve's tightening path, the global liquidity tightening will not be just a forecast, but a reality. After the cost of funds rises, hot money will first withdraw from high-volatility assets. Bitcoin and similar assets will inevitably face selling pressure in the short term, after all, a loose environment is the breeding ground for risk appetite.

But there is another side to the story. If government reforms can truly boost economic expectations, it will instead inject certainty into the market. The most lethal enemy of the cryptocurrency industry is not regulation, but the fog of uncertainty. A clear policy shift, even if it is tightening, is better than ambiguity.

What should retail investors do at this stage? Never let emotions lead you by the nose. Panic selling at the sight of negative news, or blindly bottom-fishing in the opposite direction, are both major taboos. Build positions in batches, keep cash flow liquid, and increase your stake only when the trend becomes clear—this is the most suitable strategy for ordinary people. Pay more attention to macro policy trends and avoid getting caught up in short-term candlestick games, so you can stand firm amid volatility.

Japan's move is both a self-redemption and a precursor signal for a shift in global monetary policy. The crypto market has never lacked volatility; what it lacks is whether you are prepared. Only when the tide goes out do you see who is really swimming.