#以太坊行情解读 The Bank of Japan's rate hike has finally landed, but the warning signs are even more pronounced. The Bank of Japan's decision-makers have signaled that there is still room for further rate hikes, which has caused the market to become somewhat uneasy.

Arbitrage funds are beginning to withdraw, and cross-border hot money is accelerating its return. This chain reaction is directly impacting the crypto market—Ethereum, ZEC, ASTER, and other tokens are facing significant correction pressures. Once the central bank's tightening cycle begins, risk assets are the first to be affected, and liquidity pressures on cryptocurrencies are a common scenario.

The yen's appreciation, adjustments in Federal Reserve policy expectations, and tightening global liquidity—these factors combined make short-term volatility inevitable. Friends holding mainstream cryptocurrencies should pay attention to the depth of this adjustment, as the macro environment has changed and the market rhythm must also adapt.