#以太坊行情解读 What is the market outlook before and after the Bank of Japan's speech?

🗣️ The night before the speech — a game of expectations

Ueda will speak around 3 PM today. What is the market betting on now? Here are the three key points:

【The three most concerned signals in the market】

If Ueda's speech is not so hawkish, with cautious language and reliance on data, it signals a "dovish" stance in the eyes of the market. In this case, risk assets are likely to rebound in the short term, and buying interest may bottom out.

Conversely, if the speech's wording is clearly hawkish (strengthening rate hike expectations, firm stance on tightening), market risk appetite will be impacted, and high-risk assets like cryptocurrencies and US stocks will face obvious downward pressure.

【How to judge whether the speech is dovish or hawkish】

Look at these signals:
- The trend of USD/JPY (a significant yen appreciation = hawkish signal; yen not rising or falling = dovish signal)
- Changes in trading volume and direction choices of $BTC $ETH
- Immediate reactions of US stocks and other risk assets

【Real-time trading judgments during the speech】

Dovish → rebound strength may increase
Hawkish → either accelerate the pullback or continue downward

These are the rules of the game.