The Bank of Japan Raises Interest Rates for the First Time in 30 Years! How Should Cryptocurrency Players Respond? Don't Panic, Nanxi Will Explain Clearly!
I just saw the news that the Bank of Japan is very likely to raise interest rates today, the first time since 1995! This means the era of ultra-low interest rates in Japan that lasted for 30 years is coming to an end.
What impact does this have on our cryptocurrency market? In simple terms, a rate hike in Japan may attract funds back from the United States, and if U.S. Treasury yields rise accordingly, the Federal Reserve's rate-cutting pace may be disrupted. If liquidity tightens, global risk assets, including cryptocurrencies, may feel pressure in the short term.
But don’t panic just because you heard this! The cryptocurrency market has never feared volatility; what it fears is being unprepared. My view is: be vigilant about increased volatility in the short term, don't chase prices easily, especially for high-leverage players, and be aware of the risks. In the medium to long term, the cryptocurrency market has its own logic; interest rate hikes do not change the trend of blockchain, and a drop in prices may actually be an opportunity to accumulate quality assets in batches.
Hold your spot, be patient, and don’t let news disrupt your rhythm.
There are always opportunities in the market; the key is to operate calmly. Nanxi will continue to help everyone keep an eye on on-chain dynamics and move steadily forward together! Follow Nanxi and participate in every attack from Nanxi villagers! Nanxi will announce specific entry times and real-time news in the village every day! #日本加息
