The Bank of Japan just announced a 25 basis point rate hike, with the overnight lending rate rising to 0.75%, hitting a 17-year high, and passing unanimously. This news directly triggered the market—Bitcoin surged by 2%, and the entire crypto asset sector rebounded accordingly.



Industry influencers are bullish. Trader Eugene Ng believes the decline of altcoins is nearing its end, and now is a good time to position, but mainstream coins may still need to test the bottom. Analyst Ban Mu Xia's technical analysis shows that short-term resistance for BTC is between $98,600 and $107,000, and a break above that could face a tough barrier at $112,500.

Arthur Hayes's stance is more aggressive. He bluntly states that trading against the Bank of Japan is doomed to fail, and once the yen/USD drops below the 200 level, Bitcoin could potentially head straight for the $1 million mark. Bitcoin OG whale Garrett Jin also joined the call, expecting BTC to surge to $106,000, and Ethereum to break through $4,500. This upward trend may be just beginning.

The question is: does the BOJ's rate hike really mean yen depreciation and a surge in risk assets? Or is this just a fleeting false breakout? What do you think?
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DuckFluffvip
· 2025-12-21 21:49
Can the Bank of Japan's interest rate hike lead to 1 million USD? I've seen this trick many times, they always say it's solid but it still breaks, those who believe it are suckers.
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MissedTheBoatvip
· 2025-12-20 13:25
The Bank of Japan's latest move feels like they're handing out a ladder to the crypto world... However, I find the predictions of $1 million a bit funny. Hayes is back to bragging again, claiming that if the yen falls below 200, it can directly hit a million? Wake up, brother, that logic is so flawed it could fly a plane. I didn't dare to jump into this wave of altcoin rebound, worried it might just be another prelude to a sell-off. Wait, is this really a breakthrough or are they just digging a trap for us again? I'll decide to watch and see first. There are so many resistance levels for BTC, it doesn't seem that easy to break through. Hayes' aggressive tone every time, and the result... some people actually believe it. The logic chain of BOJ rate hikes = yen depreciation = risk assets explosion is a bit tight. I'm feeling both FOMO and fear of missing out at the same time, this is intense. I usually don't trust Half-Mu Summer's data much, I've been burned before. This rebound is a bit too fast, I feel like there's some big move brewing—either a crash or a rally.
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NFTRegretDiaryvip
· 2025-12-19 06:49
The Bank of Japan's recent move is indeed a bit daring, but talking about a million dollars is just for fun, don't take it seriously... Arthur is usually quite passionate. Another round of signal calling show, feels a bit fake, has the bottom been confirmed, everyone? This rebound seems like a rebound, not a reversal, being cautious is not a bad idea. The logic of yen depreciation is indeed valid, but the crypto market's reaction is always exaggerated. The 106,000 level feels a bit risky, still need to watch the yen's subsequent performance.
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BearMarketSurvivorvip
· 2025-12-19 06:48
Wait, Hayes said $1 million? Here we go again? Every time the central bank acts, someone yells about divine prices, and what’s the result... I’ll still wait until 106,000 to see. --- The Bank of Japan raises interest rates but the yen depreciates instead? That logic is a bit strange, not quite right. --- Is the altcoin market about to turn around? I’d rather see if BTC can hold steady at 98,600 first, don’t want another fake breakout. --- Arthur Hayes is always so optimistic. I trust his trading logic but not his price predictions. The solid ceiling at 112,500 is what I really need to keep an eye on. --- Raising interest rates is actually good for risk assets? What kind of move is this? Is there some arbitrage opportunity I haven’t seen... --- A flash in the pan? I think it’s more likely repeated testing. Don’t rush to go all-in; this level is too risky.
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SillyWhalevip
· 2025-12-19 06:36
The Bank of Japan raising interest rates will actually strengthen the yen. These people are just dreaming... $1 million? I think you should first manage your own positions well before bragging.
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WhaleWatchervip
· 2025-12-19 06:34
Is the Bank of Japan's rate hike actually bearish for the yen? That logic is a bit extreme... I don't really buy Hayes' line of reasoning. --- Another million-dollar dream... Can it really break 107,000 this time? --- Altcoin deployment opportunities? To me, it looks more like a trap for retail investors. --- Yen depreciation → Bitcoin surges. Why is this causal relationship so forced... Is it just risk assets soaring together? --- The technical levels are right there; whether it breaks or not, it can be justified. This analysis is interesting. --- Wait, does raising interest rates really cause the yen to depreciate? Is the opposite operation happening again? --- 106,000... Another target for calls, next time let's aim for 110,000, 120,000. --- Hayes is starting to encourage traders to bet against the central bank again... but players can't afford to lose that bet. --- I think the fleeting moment is more likely; the market's reaction is too easily crushed. --- Is the altcoin decline at the end? Why is the author so sure? Just listen, don't take it too seriously.
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MeaninglessApevip
· 2025-12-19 06:31
The Bank of Japan raising interest rates is actually bearish; the yen should appreciate... These big influencers have really vivid imaginations, $1,000,000😅
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