🚨 The market has crashed again!

The reason is simple: Japan's interest rate hike expectations have arrived 💥
The whole world is borrowing money using 0% interest yen to buy high-risk assets. Once the yen raises interest rates, this cheap money chain will break, and everyone will have to frantically sell assets to pay off debts.

In simple terms, it's a triple critical hit:
1️⃣ Interest becomes expensive — Loans that used to cost almost nothing now hurt more the more you borrow.
2️⃣ Yen Appreciation — You owe yen, and the yen has risen, which means your debt has effectively doubled.
Forced liquidation — In order to repay debts and add margin, the assets in hand must be sold. With many sellers, the price naturally falls together.

So the first to be hit are the Nasdaq and the crypto circle:
High leverage
high volatility
Good liquidity, easy to sell and buy 💀
That's how the market is; when the wind blows, everyone has to bow their heads and pay back.
‍#BTC #ETH #纳指 #日本加息 #杠杆