The rate hike in Japan has finally been implemented, and the market reaction is basically in line with previous analysis. The market sentiment from the news has mostly been digested. Now, it depends on how the subsequent rate hike cycle unfolds, which naturally will follow the Federal Reserve's pace.

The mood on the US stock market has already set the tone. The trading logic for the second half of today is very clear—initially going long, then switching to short. The key is to monitor the critical high and low points on the 4-hour chart and trade within the range repeatedly for swing trades.

The idea for Bitcoin this time is as follows: there is support around 88870, and above that, you can consider going long, targeting the range of 88890 to 88905. When near the target, you can reverse and go short. If it can break through strongly tonight, it may directly surge toward the 92000 level.

Ethereum is moving in perfect sync with Bitcoin. The entry point for long positions is above 2900, and the overall rhythm should stay synchronized with Bitcoin. Currently, it’s just waiting for a breakout confirmation tonight.