BoJ still holds interest rates at 0.25%.
Nothing will happen in the Asian session
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Thursday Japan/BOJ will announce interest rates.
70% interest rates remained at 0.25%, 29% interest rates rose 0.10% and 1% interest rates fell 0.05%.
If interest rates rise, then risk assets such as $BTC , $ETH , $SOL will fall significantly. Why? because Japan's carry trade is very large, reaching trillions of dollars.
If interest rates remained at 0.25% nothing would happen.
If interest rates fall, BTC will go towards 100k, ETH 6k, and SOL 400.
#JapanEconomy #carrytrade #BOJIntervention #Marketsentimentstoday
70% interest rates remained at 0.25%, 29% interest rates rose 0.10% and 1% interest rates fell 0.05%.
If interest rates rise, then risk assets such as $BTC , $ETH , $SOL will fall significantly. Why? because Japan's carry trade is very large, reaching trillions of dollars.
If interest rates remained at 0.25% nothing would happen.
If interest rates fall, BTC will go towards 100k, ETH 6k, and SOL 400.
#JapanEconomy #carrytrade #BOJIntervention #Marketsentimentstoday
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