Japan as a liquidity gateway, Japan's interest rate hikes and BTC deep correction:
2024.3: Japan ends negative interest rates, BTC correction -23% 2024.7: Continues to raise interest rates, reducing government bond purchases from approximately 6 trillion yen to 5 trillion yen per month, BTC correction -26% 2025.1: Raises interest rates again and officially initiates quantitative tightening, accelerating balance sheet correction -36% Follow-up focus points; 1. Liquidity: The inflow/outflow data of the US Bitcoin spot ETF is a barometer for institutional sentiment. 2. Policy: Progress in US legislation regarding cryptocurrency regulation and reserve assets. 3. Technical: Focus on key support and resistance levels, for example: 60,000-70,000 is considered an important long-term support by analysts. 4. Macro: Policy trends of major global central banks
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Japan as a liquidity gateway, Japan's interest rate hikes and BTC deep correction:
2024.3: Japan ends negative interest rates, BTC correction -23%
2024.7: Continues to raise interest rates, reducing government bond purchases from approximately 6 trillion yen to 5 trillion yen per month, BTC correction -26%
2025.1: Raises interest rates again and officially initiates quantitative tightening, accelerating balance sheet correction -36%
Follow-up focus points; 1. Liquidity: The inflow/outflow data of the US Bitcoin spot ETF is a barometer for institutional sentiment.
2. Policy: Progress in US legislation regarding cryptocurrency regulation and reserve assets.
3. Technical: Focus on key support and resistance levels, for example: 60,000-70,000 is considered an important long-term support by analysts.
4. Macro: Policy trends of major global central banks