The Bank of Japan's policy decision on March 19 has become the focus of the global market. Once the interest rate hike expectations are confirmed, the US dollar interest rate cycle may deepen accordingly, which is obviously detrimental to risk assets like Ethereum.
From a technical perspective, ETH is currently facing strong resistance around the 8500 level—this is both the previous rebound high and a watershed for bulls to stabilize. Looking downward, if the central bank's hawkish stance exceeds expectations, it could bring a new round of selling pressure on BTC and mainstream coins.
The recent trend in the cryptocurrency market is, to some extent, anchored to this policy announcement. A shift in macro sentiment will quickly reflect in on-chain funds. Stay tuned to relevant developments.
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fren.eth
· 3h ago
The Bank of Japan's move is truly hawkish; our coins will suffer as a result.
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ApeEscapeArtist
· 18h ago
Is this critical level of 8500 really going to break? It will be interesting then.
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HallucinationGrower
· 18h ago
Once again, it depends on the Bank of Japan's stance. It's intense, feeling like we're always gambling on policy decisions.
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quiet_lurker
· 18h ago
The Bank of Japan's move might cause ETH to break below 8500, and at that point, it will depend on BTC's performance...
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SignatureCollector
· 18h ago
Playing central bank games again? Still the same old tricks.
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0xSunnyDay
· 19h ago
Here comes the Bank of Japan again; it feels like the same script every time.
#加密生态动态追踪 $BTC $ETH $ZEC
The Bank of Japan's policy decision on March 19 has become the focus of the global market. Once the interest rate hike expectations are confirmed, the US dollar interest rate cycle may deepen accordingly, which is obviously detrimental to risk assets like Ethereum.
From a technical perspective, ETH is currently facing strong resistance around the 8500 level—this is both the previous rebound high and a watershed for bulls to stabilize. Looking downward, if the central bank's hawkish stance exceeds expectations, it could bring a new round of selling pressure on BTC and mainstream coins.
The recent trend in the cryptocurrency market is, to some extent, anchored to this policy announcement. A shift in macro sentiment will quickly reflect in on-chain funds. Stay tuned to relevant developments.