Bad news is exhausted, and good news follows
The Bank of Japan confirms interest rate hike
The market BTC ETH starts to rebound
There are 2 reasons
1: Because it has already dropped beforehand: the market has already priced in this interest rate hike in the past week or two (for example, BTC dropped from 92,000 to 85,000)
2: "The shoe drops" - when everyone knows the bad news has finally happened, uncertainty is eliminated, and some funds dare to come back to buy the dip / cover short positions
The core message is: this is the short-term trading result of "buying expectations, selling facts" but not a trend reversal. The real test will be the long-term pressure of global liquidity being drained after the yen continues to strengthen
