The recent move by the Bank of Japan has sparked much reflection. The officials acknowledge that the tightening cycle may be extended, but they can't even clearly identify the true position of the "neutral interest rate." What does this mean? The core regulatory logic of traditional finance is failing.

Imagine a captain shouting "We continue to accelerate" amidst a storm, yet unable to specify the destination. This is a true portrayal of the current global central banks. And this policy uncertainty itself has become the biggest deterrent within the financial system.

For crypto market participants, this is actually not bad news. On the contrary — it clearly indicates that the traditional macro trading strategies relying on central bank "precise regulation" are breaking down. As the main providers of "cheap money" worldwide fall into confusion, the existing asset pricing system will inevitably be reconstructed.

The logic of the crypto market is completely different. Assets like BTC and ETH establish a pricing mechanism independent of any single central bank decision through decentralized consensus and on-chain transparent data. In the face of the "unknown," this system is inherently adaptable.

The current strategy should be very clear: reduce reactive trading based on macro news. Gradually adjust your position allocations, tilt towards crypto assets with robust economic models and self-sustaining cycles. When the reference coordinates of the old world start to fail, what you need are assets capable of self-correction amid uncertainty.

The real risk is not the storm itself, but still sailing with an outdated map.