#BTC资金流动性 After the Bank of Japan raised interest rates, the yen actually weakened, which is quite interesting. Some analysts have straightforwardly stated that rather than opposing the BOJ's policy stance, it's better to go with the flow — their negative interest rate tools remain a trump card, and the yen's depreciation trend might push it toward the key level of 200.

Interestingly, what are the whales doing in this round of market movement? According to exchange data, large investors are quietly accumulating, with thousands of bitcoins being gradually moved to cold wallets. While analysts are still debating whether it's a bull or bear market, smart money is already acting — some even claim that Bitcoin could challenge the $1 million mark.

What do these on-chain signals, macro background, and price expectations really mean? $BTC $ETH $BNB, it's worth taking a closer look.