Big reversal! The Bank of Japan just "surrendered," is this the coming waterfall for Bitcoin?

On April 28th, the Bank of Japan third time "stood pat," maintaining the interest rate stubbornly at 0.75%. Although it was expected, the signals from these old men are just blatant procrastination!

Why are Powell's mouth bombs more frightening, but the BOJ's decision more deadly? Because right now, the biggest "ammunition" source in the crypto world is yen arbitrage trading. The Middle East is still fighting, oil prices soaring, and Japan's refusal to follow the rate hike trend has instantly pushed the yen back near the 160 warning line. Borrowing yen to buy Bitcoin is still so cheap, isn’t that good news? Don’t rush, let me finish—this is a typical fake move of "all the bad news is out"!

Looking at the chart, Bitcoin is currently struggling around $78k, with altcoins collectively cooling off. Why can't it go higher? Because the market is scared! Everyone is betting that Japan will definitely raise interest rates in June. Once the rate hike hits, global liquidity will have to take a laxative.

Personal opinion: chasing high at this position is like standing guard. The real betting point is tonight’s US market. Be alert for the "last dance" to lure more buyers.

Retail investors playing contracts now are just giving away, it’s recommended to reduce positions on rallies. Want to know if the altcoins in your hands can withstand this wave of the "yen flood" in June?