#央行降息行动 This wave of market movement is really testing psychological defenses. CPI below expectations should have been a positive, but Bitcoin dropped from nearly 90,000 directly to 84,456, with 160,000 traders liquidated and $550 million in forced liquidations—this is the true face of the market.

The key factor is the market’s expectation of the Bank of Japan’s interest rate hike. Funds that have long relied on low-interest yen arbitrage are now forced to close their positions, and this force is enough to change the short-term supply and demand dynamics. When I follow several top traders, I find their operational logic at such moments is very consistent: they are not rushing to buy the dip but are waiting for the stop-loss noise to pass.

Technically, 85,000 is indeed a defensive line for the bulls, but the real consideration is risk tolerance. If you usually follow aggressive traders, you should consider reducing your positions or switching to a more conservative approach at this time; conversely, if your copy trading portfolio lacks contrarian traders, now might be a good opportunity to add positions—provided you have a clear judgment on the Bank of Japan’s decision.

My experience is: in extreme market conditions, don’t blindly follow the signals, follow the strategy and logic. Watching how seasoned traders remain calm and adjust their positions during such times is often more valuable than blindly buying the dip.