On December 14, Glassnode co-founder Negentropic tweeted, “The market is not afraid of tightening (rate hikes), but rather of uncertainty. The Bank of Japan’s policy normalization brings clear expectations to the global financing environment, even if leverage is under short-term pressure. Yen arbitrage trading has significantly contracted, and volatility signals opportunities. Bitcoin tends to strengthen after policy pressures are released, not before. Chaos diminishes, signals strengthen. This seems to be preparing for asymmetric upside risk.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analysis: Yen arbitrage trading has significantly contracted, and Bitcoin may strengthen after the Bank of Japan's policy pressure eases.
On December 14, Glassnode co-founder Negentropic tweeted, “The market is not afraid of tightening (rate hikes), but rather of uncertainty. The Bank of Japan’s policy normalization brings clear expectations to the global financing environment, even if leverage is under short-term pressure. Yen arbitrage trading has significantly contracted, and volatility signals opportunities. Bitcoin tends to strengthen after policy pressures are released, not before. Chaos diminishes, signals strengthen. This seems to be preparing for asymmetric upside risk.”