BTC broke the 83000 barrier this morning. Many people say it's a technical pullback, but I'm more concerned about another number: the market is betting with 80% certainty that the Bank of Japan will raise interest rates this month.

What does this mean? In the past few years, the global ¥19 trillion scale of yen carry trade—borrowing cheap yen to buy US stocks and cryptocurrencies—may be facing an epic reversal. Money will flow back to Japan. Do you remember the bloody storm on Christmas 2022?

The performance of ETH is even more distressing. The new narrative hasn't gained momentum yet, and the price has already taken a beating. However, upon calm reflection, it's not necessarily the retail investors who are the most anxious, but rather the platforms that urgently need trading volume to support their valuations.

But the market has never been linear. Changes in personnel at the Federal Reserve may occur, interest rate cut expectations are soaring, and the turning point for liquidity may be closer than imagined. History has repeatedly proven: bull markets often arise amidst cries of despair.

The key is, do you dare to build a position at this level now? Don't rush in when everyone is bullish, and don't completely lay flat when panic spreads. The market has reached a crossroads.