#数字货币市场回升 This morning's big dump is being blamed on the Central Bank's document, coupled with Japan's sudden interest rate hike.
In simple terms, it means that the carry trade has encountered problems. A vast amount of global capital is borrowed in Japan at nearly zero cost, and the scale of this almost interest-free loan is staggering. The Bank of Japan suddenly changes its policy, forcing all leveraged funds to rapidly close positions and return, leading to a sudden drain of market liquidity. Major platforms face a series of liquidations; it would be a miracle if the market doesn't fall.
But the truth is simple - big funds wanted to withdraw a long time ago 😂
We have preemptively set up short positions this time. How long do you think this wave of fall can last? What is your outlook for the market?
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#数字货币市场回升 This morning's big dump is being blamed on the Central Bank's document, coupled with Japan's sudden interest rate hike.
In simple terms, it means that the carry trade has encountered problems. A vast amount of global capital is borrowed in Japan at nearly zero cost, and the scale of this almost interest-free loan is staggering. The Bank of Japan suddenly changes its policy, forcing all leveraged funds to rapidly close positions and return, leading to a sudden drain of market liquidity. Major platforms face a series of liquidations; it would be a miracle if the market doesn't fall.
But the truth is simple - big funds wanted to withdraw a long time ago 😂
We have preemptively set up short positions this time. How long do you think this wave of fall can last? What is your outlook for the market?