The Bank of Japan's 8 years and 1 month of -0.1% negative interest rate era ended on 2024.3.19, and the era of 0-0.1% interest rates will end on 2024.7.31! This time, an estimated 0.25% rate hike!

A simple note on negative interest rates: it's not the common misconception that saving money in the bank costs you money, but rather that the Bank of Japan charges -0.1% interest on excess deposits held by commercial banks at the central bank. This is to encourage commercial banks to actively engage in business lending and stimulate Japan's economic development; for ordinary people's deposits, there is no negative interest—it's just that the lowest rate was 0.002%, very low, but it doesn't actually deduct money from users!
The BOJ rate decision is about to be announced, and the market plunged again overnight!
BTC has already plummeted by $42,000 since early October, and if it drops another $40,000, it will be zero;
ETH has fallen $2,000 from its high point, with declines mostly between 30-45%. Altcoins are all in a brutal decline—half-cut, cut in half, cut in half again!
As for the BOJ rate hike, as the world's third-largest economy, it will definitely impact the global markets. After ending decades of negative and low interest rates, the yen is ready to stand up and hold its ground against global capital!
Next prediction: whether the market dips or not, it’s already been pushed for two more months to this point. Continuing to maintain a quick bottoming within half a month or a slower one within a month, this wave of decline is almost at the bottom. It’s time for a rebound with more than half a month of volatility to stimulate the market, but not a reversal!
The current market is more institutionalized. The wild bull market of 2021 or earlier that you might be expecting may never be seen again. After institutionalization, only high-quality assets will have a bull run. The space for scams that rely on storytelling and big-picture illusions will become increasingly smaller!