The actions of the Bank of Japan are currently affecting the nerves of the global crypto market. According to the latest news, Governor Ueda Kazuo has given a clear signal—interest rate hikes will be a key topic at the regular meeting on December 19.

Based on market pricing, the probability of a rate hike has soared to over 80%, which is enough to show how anxious the market is. However, there is an interesting point here: although everyone is preparing for a rate hike, opinions differ on how much and how to implement it.

For the main cryptocurrencies we are watching—Ethereum, Solana, and Binance Coin—the situation has become more complicated. Market prices have indeed responded to this expectation, but the problem is that leveraged positions are still in a high-risk state. What does this mean? It means that once the policy is announced, it could trigger a chain reaction.

So honestly, before the December 19 meeting, friends looking to buy the dip should be cautious. It’s not that you can’t trade, but you need to recognize the situation: blindly taking positions at this point carries significant risk. Let’s wait and see, and let the dust settle first.