Markets have actually held up pretty well this week despite several important macro events hitting at the same time. The failed CLARITY Act vote added some uncertainty, while the 25bps rate hike also gave risk assets another reason to stay cautious. Still, the broader market has managd to absorb the pressure without a major breakdown.

Now, attention turns to the Bank of Japan’s rate decision, which is coming in just a few hours. This could bring another wave of volatility, especially if the decision or guidance surprises the market.

For me, the key is watching how price reacts rather than chasing the first move.

$BTC