🚨 Last time this happened, the Nikkei fell 12% in a day and Bitcoin lost 20%.
Japan is stuck in a loop with no way out.
To defend the yen, the BOJ sells dollars.
Selling dollars drains liquidity.
Draining liquidity crushes bonds.
Bond yields just hit the highest level since 1999.
Higher yields make the yen problem worse.
Repeat.
In 2024 they had one problem and spent $62 billion fixing it temporarily.
Today they have FOUR at once:
– Yen shorts at the largest position since July 2024
– Bond yields at 27-year highs
– Oil at $120 making every import more expensive
– A new Fed Chair in 2 weeks who could unwind the carry trade without the BOJ doing anything
The BOJ just raised its inflation forecast to 2.8% and cut GDP growth to 0.5%, that’s stagflation.
Hike rates and you wreck the economy. Do nothing and the yen keeps falling.
Japan’s Finance Minister just told G7 members they’re watching FX with a “high sense of urgency” and called Scott Bessent directly.
This time every trader is watching the same trigger. That makes it worse.
If you want to know where WE are deploying capital next, turn on post notifications this is very important.
Many people will wish they followed us sooner.
$SNDK going apeshit again tonight. Hit as high as $1,020…
This name was literally a $30 stock a year ago.
My goooooooodness. Retire your bloodlines with these kinda returns in such a short time period too.
$ASTS Seems like a possible good spot here to go long?
Blue up trendline as major support.
200dma as major support.
Gap fill potential, maybe not tomorrow, but near term?
@Borg_Cryptos Isreal booming Lebanon has helped your bear case as the ceasefire is over already and things will escalate. I think things will be bearish short term but medium term all time highs are coming. If shorting make sure stops are higher than the all time highs.
I hope you all understand your altcoins are dead. Very very very few will see the light of day again.
Alts are in a prolonged bear market regardless of Bitcoin.
Think of the dot com bubble, but worse.
Stay safe. Preserve capital and make capital in these uncertain times.
- Wynn