#BTC资金流动性 Japan's inflationary pressure is far from easing - the year-on-year growth rate in November is 2.9%, and core inflation is stuck at 3.0%, having exceeded the Central Bank's target line of 2% for 44 consecutive months. Meanwhile, rice prices continue to soar, with a cumulative increase of 37.1%. The Bank of Japan's recent actions are decisive, raising interest rates directly to 0.75% on December 19, and the most concerning part is that official statements hint at the possibility of further tightening in the future. The global Central Bank tightening cycle is not over, and the pressure for yen appreciation is consequently coming, which will continue to exert influence on assets priced in USD such as $BTC $ETH $SOL. The road to combating inflation remains long.