A piece of news exploded in the market last night—Japan's Central Bank raised interest rates for the first time in 17 years. Many might think it's not a big deal, but this could be the most crucial turning point in 2024.

Why do I say that? Because it has broken the last layer of "uncertainty" hanging over global capital.

Think about it, in the past few years, the pattern of global funds has been particularly fixed: whenever there is a market disturbance, everyone rushes into the Japanese yen and U.S. Treasury bonds, which serve as "safe havens." But now Japan has started raising interest rates, and the attraction of this biggest "safe house" is declining sharply. So where will this idle money go? The answer is obvious — high-growth risk assets.

This is the so-called switch from "risk-off mode" to "risk-on mode". Gold has already started to run, providing the clearest signal. If the US stock market and Bitcoin can break through key resistance levels together, that will be a clear signal of liquidity recovery, and new trading opportunities may open up.

Interestingly, during this process, the role of the crypto market will become increasingly important. As a barometer of global liquidity, Bitcoin is likely to become one of the main beneficiaries of this wave of capital reallocation. When traditional Central Bank policies are adjusted, the value of the blockchain-based, borderless decentralized financial system as an "alternative liquidity channel" will be further amplified.

In summary: Japan's interest rate hike has broken the old habits of global capital, and new liquidity is quietly changing direction, while Bitcoin and the crypto market are expected to benefit from it.