#日本央行加息政策 The Bank of Japan's rate hike has been implemented, and the crypto market's reaction is quite interesting. Bitcoin immediately rebounded by 2%, and a bunch of influential figures are all shouting bullish, from Eugene to Arthur Hayes to that mysterious whale, their views are surprisingly consistent.
The funniest part is that the market was worried that Japan's rate hike would cause a sell-off, but what happened? They had already digested it long ago. Now the narrative has shifted to "rate hikes are actually positive"—in other words, all the negative sentiment has been exhausted. BTC's target price is directly aimed at $106,000, ETH is targeting $4,500, and everyone seems to be hyped up.
But I have to be honest, looking at that whale's account floating loss situation—floating loss of $78.3 million with only $15.92 million in margin remaining—this trader's risk management is quite aggressive. ETH long positions have fallen below cost basis, and SOL is directly at a 292% floating loss. This person's confidence is definitely worth pondering.
Short-term rebounds are definitely possible, but this kind of "everyone is bullish" situation is often a sign to be cautious. Anyway, let's see if it can really push higher later; for now, it's mainly about observing.
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#日本央行加息政策 The Bank of Japan's rate hike has been implemented, and the crypto market's reaction is quite interesting. Bitcoin immediately rebounded by 2%, and a bunch of influential figures are all shouting bullish, from Eugene to Arthur Hayes to that mysterious whale, their views are surprisingly consistent.
The funniest part is that the market was worried that Japan's rate hike would cause a sell-off, but what happened? They had already digested it long ago. Now the narrative has shifted to "rate hikes are actually positive"—in other words, all the negative sentiment has been exhausted. BTC's target price is directly aimed at $106,000, ETH is targeting $4,500, and everyone seems to be hyped up.
But I have to be honest, looking at that whale's account floating loss situation—floating loss of $78.3 million with only $15.92 million in margin remaining—this trader's risk management is quite aggressive. ETH long positions have fallen below cost basis, and SOL is directly at a 292% floating loss. This person's confidence is definitely worth pondering.
Short-term rebounds are definitely possible, but this kind of "everyone is bullish" situation is often a sign to be cautious. Anyway, let's see if it can really push higher later; for now, it's mainly about observing.