Analysis: Yen Carry Trade Has Significantly Contracted, Bitcoin May Strengthen After Policy Pressure Eases from the Bank of Japan

Jinse Finance reported that Glassnode co-founder Negentropic stated that the market is not afraid of tightening (rate hikes), but rather of uncertainty. The normalization of the Bank of Japan's policy brings clear expectations to the global financing environment, even though leverage will be under pressure in the short term. Yen carry trades have significantly contracted, and volatility means opportunity. Bitcoin often strengthens after policy pressure is released, rather than before. Less chaos, stronger signals. This seems to be preparing for asymmetric upside risks.