The truth about the crypto market crash: It’s not because of the 13 ministries, but because Japan has punctured the global “money bag”!

Bitcoin dropped from 90,000 to 85,000 and everyone is blaming the 13 ministries? The truth is: The yield on Japan’s 10-year government bonds surged to 1.1%, directly collapsing Wall Street’s “risk-free” yen arbitrage that has lasted for over a decade!
Previously:
Borrow money from Japan ≈ Cost 0 → Convert to USD → Buy US stocks/AI/Bitcoin, easy profits!
Now:
Japan is preparing to raise interest rates → Borrowing is no longer cheap → The yen may appreciate → Institutions are forced to sell assets to repay debts!
Bitcoin has the best 24/7 trading liquidity → Becomes the first to be sold off.
The real culprit: The collapse of yen arbitrage trading.
The real victim: BTC.
Two danger zones to watch:
12/10 Fed: If interest rates are cut, it could be a case of “all the good news is already out”
12/19 Bank of Japan: If rates are actually raised, global assets will experience even more turbulence
In short: Now is not the time to catch the bottom, but to avoid risks.
Institutions are fleeing, retail investors should not try to catch falling knives.
Share and agree with this viewpoint: right now, both buyers and sellers are losing—can retail investors see this clearly? Observing and preparing capital is the right thing to do at this moment.