#2026年比特币行情展望 $BTC $ETH $BNB

Is the Bank of Japan about to change tactics? Ueda Kazuo recently sent a major signal— as long as inflation stabilizes, rate hikes are inevitable. This is no small matter. The long-standing ultra-low interest rate policy is coming to an end, and the "cheap water source" of global liquidity is drying up.

Why is everyone paying attention to this? The core points are these three:

**The Return of Yen Arbitrage**
For years, a lot of capital borrowed cheaply in yen and then invested in high-yield assets like US stocks and cryptocurrencies. Once the yen appreciates and interest rates rise, these arbitrage positions will need to be unwound, triggering a chain reaction of deleveraging. How intense will that be? Imagine it.

**The "Vampire" Moment for Risk Assets**
Yen is no longer cheap, and the liquidity premium in global markets will need to be recalculated. Assets with high volatility like $BTC and $ETH will be the first to feel the pressure. In the short term, market sentiment will heat up noticeably, and volatility may plunge.

**The Reshuffling of Asian Capital Flows**
Japan, as the ballast of regional finance, shifting policies will force capital allocations across Asia to adjust accordingly. Investors have long sensed this, and a defensive stance is gradually emerging.

By 2026, the global macro landscape will be increasingly polarized, and the BOJ's move is an unavoidable variable. Liquidity "pumping" is coming—are your positions ready?