On the 25th, the Governor of the Bank of Japan reiterated his intention to continue raising interest rates.
Interest rates will continue to rise! I hope the issue of yen weakness can be resolved so that prices can stabilize somewhat. 💭
Bank of Japan Governor Ueda delivered a speech at the Japan Business Federation meeting, stating that they will raise interest rates to "achieve sustainable growth" — Nikkei News

Christmas is coming~ The big one is coming~ 🎄🎄🎄 Xmas~

#Bitcoin This sideways market fluctuation won't last long～ What needs to come will always come～

#Bitcoin If it continues at the current pace, there won't be any big drama before the Spring Festival~

#Bitcoin The local market is unpredictable, but the large-scale trend is so clear~

Since the end of November, the #BTC bear market has entered a typical sideways trading pattern, and it has not yet broken out of it~

In the context of low liquidity, #Bitcoin can take on strange patterns~ Under such circumstances, its trajectory does not follow statistical regularities~

As the US dollar interest rate declines and the Japanese yen interest rate rises, the interest rate differential will further narrow~ Market liquidity pressure gradually increases~

The Fed is going to cut interest rates, what is the essence of the current market?
#Bitcoin

Don’t blame others for looking down on you; it’s because you’re not striving hard enough yourselves~ That’s basically the situation right now~

Next, there are two macro events to watch: the speech after the Federal Reserve's interest rate decision on December 11, and the Bank of Japan's interest rate decision on December 19.

Unknowingly, it's already the Major Snow solar term, and in another two weeks it'll be the Winter Solstice~ The Winter Solstice is the real day for eating dumplings~

In a bear market, there are only rebounds, not upward trends~

The low premium of U's exchange rate is expected to persist for a while. When facing uncertainties in regulatory crackdowns, everyone starts to seek safety~
In the China crypto community, you can see all kinds of proprietary and private funds frequently showing off their returns. This wave of risk aversion hits them first and foremost. They are facing redemption pressure, and for these funds, U's low premium is insignificant in the face of risk~
#Bitcoin

Cheap USDT isn’t available every day~

Everyone has noticed a phenomenon: the exchange rate of USDT has started to decline and has now fallen below 7. This isn’t a good sign. #Bitcoin

#Bitcoin is currently in a rebound, and the scale of the rebound cannot be determined at this time~