#日本央行加息政策 I recently saw news about Japan raising interest rates again, and honestly, I was a bit confused...😅 How does Japan's interest rate hike directly relate to Bitcoin? After reading some analysis by Banmu Xia, I understood that the market has already "digested" this news, meaning everyone has reacted in advance, so it shouldn't cause too much volatility anymore?
What attracted me more were those technical analysis figures—$98,600 to $107,000 are key resistance levels, and $112,500 is a strong resistance. It sounds like Bitcoin needs to break through these price points to continue moving upward. But that last sentence, "the market is quite complex," made me a bit nervous...😬
Does this mean market volatility will be very high? Also, it seems that the Federal Reserve's balance sheet expansion and technical patterns have a greater impact on the market than individual countries' interest rate policies? As a beginner, I feel I need to learn more macroeconomic knowledge. Can any experts briefly explain how these two factors influence Bitcoin?
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#日本央行加息政策 I recently saw news about Japan raising interest rates again, and honestly, I was a bit confused...😅 How does Japan's interest rate hike directly relate to Bitcoin? After reading some analysis by Banmu Xia, I understood that the market has already "digested" this news, meaning everyone has reacted in advance, so it shouldn't cause too much volatility anymore?
What attracted me more were those technical analysis figures—$98,600 to $107,000 are key resistance levels, and $112,500 is a strong resistance. It sounds like Bitcoin needs to break through these price points to continue moving upward. But that last sentence, "the market is quite complex," made me a bit nervous...😬
Does this mean market volatility will be very high? Also, it seems that the Federal Reserve's balance sheet expansion and technical patterns have a greater impact on the market than individual countries' interest rate policies? As a beginner, I feel I need to learn more macroeconomic knowledge. Can any experts briefly explain how these two factors influence Bitcoin?