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$ETH Will the Bank of Japan's "draw sword"🔪 mark the official end of the era of free global liquidity?
The financial markets of the past few decades have been built on a core pillar: near-zero cost of the Japanese yen. Now, this pillar is collapsing. Follow 🔥G 🔥M 🔥 live broadcast
1️⃣ Policy Shift: The Bank of Japan has shifted from the "ultimate dove" to hawkish, declaring the end of the negative interest rate era, with continuous rate hikes imminent. This is not a fine-tuning but a systemic overhaul.
2️⃣ Fiscal Counterattack: The Japanese government announced it expects to achieve a fiscal surplus for the first time in 28 years, focusing on reducing debt. Government bond yields have soared to a 27-year high.
3️⃣ Crypto Upgrade: Japan is simultaneously including crypto assets in the "National Wealth Plan," planning to introduce a more favorable tax system and strategically embracing this emerging asset class.
⭐ What does this mean?
· Global arbitrage trades closing: The classic pattern of borrowing yen to buy global assets is on the verge of disintegration, triggering indiscriminate sell-offs from US stocks to cryptocurrencies.
· Liquidity re-pricing: The last "cheap money" faucet in the world is tightening, and all assets need to be re-evaluated in a higher interest rate environment.
· Volatility returns: The market is shifting from a "lying flat" mode to a "rampage" mode.
Japan's next big move: reshaping national credit through fiscal and monetary tightening on one hand, and attracting global capital and cutting-edge industries through crypto tax reforms on the other. This is a long-term institutional positive for the crypto market, but short-term macro shocks are unavoidable.
Can your holdings withstand this "Yen Storm"? Leave your insights in the comments section. 🔥 The rise of 🔥G🔥M🔥 on $DOGE will recreate #今日你看涨还是看跌? 's glorious moment.