#ETH巨鲸增持 Today's market big dump, the truth has finally been revealed by me! Those rumors online are completely unfounded - if there really was a crackdown on Virtual Money in some place, it would have collapsed over the weekend, how could it be dragged to today? And some people say Powell is going to resign early? Wake up! His term doesn't end until June next year, this person has always acted with principles and responsibility, no matter how much pressure Trump applies, it won't shake him, he's not the type to throw in the towel halfway.

Unveil the mystery: the culprit is the Bank of Japan raising interest rates! Between 7 AM and 8 AM this morning, news was released, and the exchange rate of the yen against the dollar immediately plummeted, with the crypto market almost simultaneously experiencing a big dump, the timeline perfectly aligned. This situation is a continuous poison for the market. Think about it, the global market was originally relying on central banks to inject liquidity, like watering a dried-up pond. As a result, the Bank of Japan suddenly reversed course and started raising interest rates, which is equivalent to that watering pipe turning into a suction pump. How can the market withstand such bloodletting?

Now we can only rely on the United States to pressure the Bank of Japan to stop raising interest rates and causing turmoil. Otherwise, with this trend, the market doesn't know how far it will fall into the abyss...

After the big dump, the market is in disarray. Next, I will select some high-quality targets that are resistant to falls for a rebound strategy.

ETH5.69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

ForkPrince

· 12-02 01:25

The Bank of Japan's recent actions are truly amazing, they've directly drained the market. But that being said, will the pressure from the United States be effective? The game between these two central banks is probably not that simple.

View OriginalReply0

AirdropHuntress

· 12-01 19:22

The reasoning behind the Bank of Japan's interest rate hike can indeed be linked, but I still want to see the data—what was the specific magnitude of that plummet, and did the market's capital flow really synchronize? Haven't we gone through this correspondence before, only to find out that there were other hidden issues later? Don't be too trusting of perfectly matched timelines; they often indicate that the problem is not simple.

View OriginalReply0

NFTDreamer

· 12-01 10:16

The Bank of Japan's move is truly remarkable, directly draining blood from the global market. But seriously, if the fall is really this significant, it's time to buy the dip.

View OriginalReply0

ContractBugHunter

· 12-01 10:15

The Bank of Japan's move is indeed harsh, the metaphor of the pump is brilliant, it feels like global central banks are all being strangled.

View OriginalReply0

Ser_This_Is_A_Casino

· 12-01 10:09

The Bank of Japan's recent actions are really fierce, the metaphor of a pump is spot on, and the market really can't handle it.

View OriginalReply0

GasFeeCry

· 12-01 10:02

The Bank of Japan's recent actions are truly amazing, the metaphor of blood extraction is brilliant, haha, making a profit on the spread isn't easy.