#以太坊行情解读 🔥 Is a rate hike actually a positive signal? Why does Japan's 0.75% rate move shake the global assets

The Bank of Japan has raised interest rates to 0.75%, the highest in 30 years. Normally, according to the usual logic, a rate hike should lead to a market sell-off. But what happened? The Nikkei index and US stocks all rose. This is not a coincidence; the market has long understood this move.

Why is this happening? The logic is actually quite simple:

**The economy is indeed turning around**
Japan has been stuck in deflation for 30 years. This rate hike by the central bank is essentially saying—We’ve weathered the storm. It’s not a forced rate increase; it’s a move made with confidence. For global investors, this is a confirmation signal.

**Real interest rates are still negative**
Here’s a detail many overlook: inflation has surged above 3%, but the nominal interest rate is only 0.75%. In other words, saving money still means losing money. Global liquidity hasn't truly "run out," and the easing tone hasn't changed—only the pace has adjusted.

**Risk assets are regaining favor**
After the major event of the rate hike, the market actually released some momentum. Carry trades have recovered, but not to the point of collapse. Large funds are starting to dare to embrace higher-risk assets.

From a macro perspective, this is long-term protection for the crypto space. The environment is stable, and institutions will dare to enter. The stories of assets like $ETH, $ZEC, and $BNB are far from over.

Once you understand the underlying logic of big funds, you won’t be scared by short-term fluctuations.