Last night, the Federal Reserve's "hawkish rate cut" was implemented, and another macro storm more worthy of vigilance is approaching—the Bank of Japan's December rate hike is nearly a certainty, and the world's last "cheap funding" haven is about to disappear.

💥💥💥Chain reaction effects on the crypto world👎👎👎

Liquidity game intensifies: The US is easing liquidity, Japan is tightening, and global funds will readjust their balance between the two largest economies.

Volatility is bound to increase: During periods of policy divergence, the market is prone to intense shocks where both sides may be proven wrong.

Asian capital flows become crucial: If Japan's rate hike stabilizes the yen, some arbitrage funds may flow back, posing a challenge to liquidity during the Asia-Pacific trading session.
In the short term (1-4 weeks), the market needs to digest these two major events, likely entering a high-volatility oscillation phase. Remember, in this market, first learn to survive and wait for clearer signals from the market.