The recently released Japanese trade data once again confirms market expectations—this week's 25 basis point rate hike is essentially a done deal. Analysts generally believe that this "nuclear bomb" will impact global capital flows, especially in the crypto space, and how funds are allocated has become the biggest focus.

**Are the economic fundamentals really turning around?**

Rather than saying it's a rate hike, it's more accurate to say that after the economic recovery, the central bank now has more confidence. The data is in front of us: Japan's exports in November surged by 6.1% year-over-year, far exceeding expectations. Exports to the EU soared nearly 20%, and exports to the US increased by 8.8%. What does this reflect? A recovery in global chip demand and strong external demand. With the economic fundamentals stabilized, policymakers can act with confidence.

**Will the liquidity turning point redistribute capital?**

History shows that changes in yen liquidity often signal a reallocation of global capital. If the traditional financial "tap" tightens a bit, where will the incremental funds flow? Will institutions continue to increase their holdings in traditional assets or seek new value hotspots? Such macro adjustments often give rise to new market narratives. Are core assets like BTC and ETH facing short-term adjustment pressures or long-term value filtering? The market is re-pricing itself.

**Overlooked sectors may suddenly heat up**

When uncertainty increases, the market tends to shift toward sectors with "antifragile" characteristics—such as privacy-enhancing protocols and technologies. When the macro environment becomes complex, the demand for risk control and privacy rises. Will these themes be re-evaluated? This is not just about technological progress but could also signal a shift in market sentiment.

This week is a game of strategy. Is the rate hike the end of the cycle or the beginning of a new story? Let’s look at each perspective—which sectors do you think have the best chance to rise unexpectedly? Will privacy concepts become the new focus? How should we position ourselves this week? Share your thoughts in the comments.