Golden Finance reports that Negentropic, co-founder of Glassnode, stated that the Japanese central bank's rate hike trading is currently the most crowded trading target in the market. Many accounts on social platform X are rehashing similar information. The 25 basis point increase has long been reflected in current asset prices. The only situation that could trigger a negative market reaction is if the Bank of Japan issues hawkish forward guidance. Given that Japan is cautiously seeking a balance among a current account deficit, inflation, and yen appreciation, it has no intention of acting rashly. The Bank of Japan's subsequent policy decisions will depend on economic data and will follow the Federal Open Market Committee's model, taking a cautious approach to each monetary policy meeting.