Greeks.live: Crypto Drop Stalled Last Week, Markets Are Recovering

Greeks.live macro researcher Adam said on the X platform that the Bank of Japan's wind and grass are affecting all risk assets. The recent hawkish remarks of the Bank of Japan have hit the price of cryptocurrencies sharply. This month, we need to continue to pay attention to the actions of the Bank of Japan. A large proportion of global macro transactions are based on yen assets. Yen interest rate hikes will shake the entire financial marekt. The huge decline last week has stalled, and the market is recovering, so the main term IV has fallen. The cryptocurrency market has still formed a broad and volatile trend since March, especially ETH is relatively depressed, and the exchange rate has fallen sharply.