Japan is about to raise interest rates, which is not good news for the crypto market.
Let's start with SOL. I think it’s the most vulnerable. Without large institutional backing, the 135 level can be tried for a short, with a conservative entry at 133, normal operation at 130, and daring traders can look at 120 directly.
Next, ETH. I really don’t dare to short at 3200. Why? Because institutional buy orders are supporting it. The risk of betting against this position is too high.
As for BTC, it's even more out of the question. I have no courage to short at the 91,000 level. Institutional funds are pouring in like a tide. Going against them? I don’t have that ability.
In short, Japan’s interest rate hike must be closely watched. SOL is the most vulnerable, and mainstream coins are temporarily holding up thanks to institutional support.
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LiquidatedThrice
· 3h ago
SOL has truly become Schrödinger's coin—one wrong step and you either make a killing or get liquidated. I'm here just watching the show.
Interest rate hike in Japan? Forget it. I've long been lying flat against such macroeconomic bearish signals. Isn't it more satisfying to eat leftovers from institutions?
Such fierce institutional support—I'd rather be a honest retail investor to avoid being locked in again.
This analysis seems somewhat insightful, but I still don't trust it. After all, someone who has been liquidated three times should be cautious when speaking.
With mainstream coins being protected by some, SOL, this orphan, is drifting in the wind. Making a huge profit or a huge loss all depends on fate.
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MondayYoloFridayCry
· 15h ago
Japan raises interest rates again and causes trouble. I think SOL really needs to be careful this time. If I short at 135, I might consider it.
As for institutions supporting the market, to be honest, I can't really see through it. Mainstream coins can still hold up, but who knows.
I'm just worried about a sudden black swan event. As a small retail investor, I simply can't react in time.
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VitalikFanAccount
· 15h ago
Japan's rate hike this time, indeed need to be cautious. But I think the institutions' support this time is a bit weak, we need to keep observing.
SOL is really fragile, 135 is indeed a sniper point, let's see if it can break through.
The big players are risking a lot on BTC and ETH, which shows they are really optimistic. But this also makes them easy to become the next tools for others to take over, so it's better to be cautious.
The Bank of Japan's move, it feels like the market hasn't fully digested it yet.
SOL is really prone to collapse, and without institutional backing, that's just how it is.
Seeing BTC piled up like this by institutions actually makes me a bit uneasy. Too much money flowing in usually doesn't end well.
With such strong rate hike expectations, why is the coin price still high? What are the institutions doing? I really can't understand.
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FlashLoanLarry
· 15h ago
SOL this time is probably going to get hit, I also see the opportunity for a short position.
Institutional support for mainstream coins is too aggressive, retail investors should still stay cautious.
Japan's interest rate hike is really troublesome, we need to watch closely.
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GhostWalletSleuth
· 16h ago
Haha, SOL is really risky this time. If it shorts at 135, it will depend on whether 120 can hold. I bet it won't hold.
Institutions defending the market are right; the water over at BTC is too deep, let's not get involved in this muddy water.
We should indeed be cautious about Japan's interest rate hike; it feels like there's some movement coming.
Japan is about to raise interest rates, which is not good news for the crypto market.
Let's start with SOL. I think it’s the most vulnerable. Without large institutional backing, the 135 level can be tried for a short, with a conservative entry at 133, normal operation at 130, and daring traders can look at 120 directly.
Next, ETH. I really don’t dare to short at 3200. Why? Because institutional buy orders are supporting it. The risk of betting against this position is too high.
As for BTC, it's even more out of the question. I have no courage to short at the 91,000 level. Institutional funds are pouring in like a tide. Going against them? I don’t have that ability.
In short, Japan’s interest rate hike must be closely watched. SOL is the most vulnerable, and mainstream coins are temporarily holding up thanks to institutional support.