#数字资产动态追踪 The Bank of Japan is about to raise interest rates again, and this time the move is really happening.

After Ueda Kazuo’s latest statement, many in the crypto circle panicked. The Bank of Japan is really being a bit ruthless—last year, they raised the interest rate to 0.75%, hitting a nearly 30-year high, and now they want to continue raising it. The pace is a bit rapid.

The key issue here is: the Bank of Japan has always been synonymous with low interest rates. Over the years, a large amount of capital has been used to arbitrage by borrowing cheap yen. The stock market, cryptocurrencies, and various high-yield assets have all benefited. How much does this money contribute to liquidity in the crypto market? It’s quite significant. Now, once interest rates are raised, borrowing costs immediately increase, and those large players who previously used leverage will have to consider liquidating positions and repaying debts. Based on historical experience, every time the Bank of Japan acts, Bitcoin tends to face short-term pressure, with declines usually between 20%-30%. The market is already showing some volatility.

Japan is indeed backed into a corner—core inflation has surged to 3%, commodity prices are rising, and the yen remains under pressure to depreciate. If they don’t take serious action, they might not be able to hold on. But this move puts high-risk assets like cryptocurrencies at the forefront. The most feared scenario is a tightening of global liquidity. Currently, the Federal Reserve has not announced any new moves, but Japan is taking a round of monetary tightening first, which will surely undermine the confidence of holders.

But don’t be too pessimistic. Ueda Kazuo also mentioned that everything depends on subsequent economic data, and rate hikes are not set in stone. In the short term, avoid reckless leverage—first stabilize holdings in Bitcoin and mainstream coins. While macro policy direction is important, the fundamental value of assets is what supports them in the long run.

Some may choose to ambush Ethereum or other potential coins during this time, waiting for the market correction to pass. Facing such uncertainties at the start of 2026, it’s essential to have a clearer understanding of your holdings. Regardless, paying close attention to the Bank of Japan’s subsequent moves and closely monitoring the Fed’s stance are the most practical approaches right now.