#日本央行加息政策 Last night, the CPI was below expectations, and after a brief market celebration, a harsh correction followed—this is the true picture of the current crypto market. 160,000 traders were liquidated, and $550 million was cleared; it looks grim, but for copy traders, this is a rare information window.
The key factor is the Bank of Japan's interest rate decision today. For a long time, yen arbitrage trading has supported part of the liquidity in the crypto market. Once the BoJ actually raises interest rates, these positions that borrow yen at low interest to go long on BTC and ETH will need to be closed early. So, the current panic is not due to fundamentals but the forced restructuring of leverage—this is when the true skill of traders is most evident.
The $85,000 level is crucial. Some experts will set up buy orders here, while others will wait cautiously until $80,000 before acting. I’ve been observing the trading logic of several traders with different styles over the past few days, preparing to adjust my copy trading ratio based on their risk management approaches. Volatile swings often hide the best opportunities for scaled copy trading; the key is to find those who do not lose control in extreme situations.
Those who survive this wave best are the ones who never go all-in and hold on stubbornly.
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#日本央行加息政策 Last night, the CPI was below expectations, and after a brief market celebration, a harsh correction followed—this is the true picture of the current crypto market. 160,000 traders were liquidated, and $550 million was cleared; it looks grim, but for copy traders, this is a rare information window.
The key factor is the Bank of Japan's interest rate decision today. For a long time, yen arbitrage trading has supported part of the liquidity in the crypto market. Once the BoJ actually raises interest rates, these positions that borrow yen at low interest to go long on BTC and ETH will need to be closed early. So, the current panic is not due to fundamentals but the forced restructuring of leverage—this is when the true skill of traders is most evident.
The $85,000 level is crucial. Some experts will set up buy orders here, while others will wait cautiously until $80,000 before acting. I’ve been observing the trading logic of several traders with different styles over the past few days, preparing to adjust my copy trading ratio based on their risk management approaches. Volatile swings often hide the best opportunities for scaled copy trading; the key is to find those who do not lose control in extreme situations.
Those who survive this wave best are the ones who never go all-in and hold on stubbornly.