On the afternoon of $BTC , the Governor of the Bank of Japan 🇯🇵 spoke, mentioning the economic uncertainty caused by tariffs and the potential delay of the expected interest rate hike by the Bank of Japan. This really dealt a heavy blow to the air force that was just about to see some light. Following his remarks, there was a significant influx of buying during the Asian session, breaking through previous highs, which is quite frustrating. Next, let's look at the negotiation results regarding the US-Japan tariff issue. If an agreement is reached and tariffs return to a lower rate, then interest rate hikes will continue, which would be bad news for the market. If no agreement is reached, a hike in Japan's interest rates is likely to be a long way off, allowing the bulls to continue their victory.