Japan's rate hike does not lead to a decline but instead rises, but it has a long-term impact on the market:

Reduced leverage, calmer volatility: The cost of borrowing Japanese yen has increased, and funds borrowing yen to buy cryptocurrencies will gradually withdraw. Market leverage decreases, and there will no longer be sudden surges or crashes. The market trend follows the project's fundamentals.

Coin differentiation, clear strength and weakness: Bitcoin and Ethereum, due to good liquidity and some safe-haven attributes, are more resistant to declines; smaller coins like SOL are more easily abandoned by funds. Additionally, after the yen appreciates, it becomes more cost-effective for Japanese people to buy cryptocurrencies, and domestic compliant funds may enter the market. #日本加息