#数字资产市场动态 The Bank of Japan just released its decision, maintaining the interest rate at 0.75%—this outcome was actually no surprise. The market is calm, but don’t be fooled by this illusion. Experienced traders are watching what’s beneath the surface.

I looked at on-chain data, and over the past day, the frequency of large Bitcoin transfers has increased, while the amount of coins on exchanges has decreased. What does this mean? Smart money is moving. They are quietly positioning and transferring during the "calm period" caused by macro news. The seemingly predictable narrative is actually just silence before the storm.

A key sentence in the BOJ statement: "If the economy and prices develop as expected… the policy interest rate will continue to be raised." Don’t underestimate this statement; it’s a clear signpost. It marks the final fortress of negative real interest rates—an official prelude to entering a rate hike cycle. Once triggered, the flow of funds in global arbitrage trading will be reshaped.

My judgment: The crypto market will continue to digest this news and remain volatile in the short term. But this is actually an opportunity for us—an window to adjust positions and accumulate high-quality assets. Looking ahead (3 to 6 months), expectations of BOJ rate hikes will strengthen, combined with Fed policy coordination and rising global risk-free rates… these factors will drain risk assets of blood. By then, only assets with strong fundamentals—real active addresses, stable low sell pressure—will survive.

So my strategy is simple: don’t be fooled by the current calm. During this volatility, concentrate your holdings in core assets like Bitcoin and Ethereum, and ruthlessly clear out tokens with weak on-chain data and purely hype-driven trading. Use the most solid assets to prepare for the macro test.

Finally, a word: true analysis is seeing the storm in the distance when everything seems calm. Reinforce your "ship" in advance. This time, the pattern will still be on our side.