Monday's Global Central Bank "Policy Intensive Month" arrives, can BTC hold onto 90,000?

Cryptocurrency Market Faces Triple Pressure

Bitcoin today fell below the 90,000 mark, with the latest price dropping to around $89,878, while recent data shows it hovers around 93.91K. The Federal Reserve’s rate cut has been implemented, but market reactions remain cool—funds are clearly pulling back before the end of the year. Even more intense is the Bank of Japan’s rate hike expectations, which are also causing sell-offs. Analysts warn that if the BOJ adopts a hawkish tone, the sell-off wave could escalate.

Liquidity tightening has become a consensus. The next week is a “Super Week” for global central banks: U.S. Non-Farm Payrolls (16th), CPI data (18th), and ECB, BOE, and BOJ policy meetings (18-19th) will all be happening consecutively, each one a variable that could stir the market.

Precious Metals Rise Collectively, Gold Gains for Five Consecutive Days

Risk aversion sentiment is heating up, making precious metals highly attractive. Gold rose 1.13% to $4,348 per ounce, marking five days of consecutive gains; silver surged over 3% to $63.71 per ounce; platinum hit a new high since 2008, successfully breaking through the $1,800 per ounce level.

UBS’s perspective is interesting—markets are actually underestimating the Fed’s probability of a rate cut in January. If this week’s Non-Farm Payrolls and CPI data continue to show weakness, there is still room for precious metals to rise.

BOJ Rate Hike Now Certain, Will the Yen Soar to 23,000?

The Bank of Japan will hold a meeting on the 19th, and a 25 basis point rate hike to 0.75% is almost certain, the highest in 30 years. USD/JPY has already retreated from previous highs to around 154.93, as markets expect the yen to appreciate. Some traders speculate that if the rate hike language is hawkish enough, the yen could even rise to the 23,000 level.

This is not good news for BTC—BOJ policy shifts mean further tightening of the global liquidity environment.

Stock Index Futures Slightly Higher, Tech Stocks Diverge

U.S. stock futures showed gains before the open, with Dow futures up 0.41%, and S&P 500 and Nasdaq 100 both up 0.46%. Among popular tech stocks, NVIDIA (NVDA) rose 1.17%, Tesla (TSLA) increased 1.23%, but iRobot (IRBT) faced tragedy, plunging 83.23% pre-market and directly filing for bankruptcy.

Next Week’s Focus: Central Bank Decisions Intensify, Crypto Market Under Pressure

Within the week, attention will be on the U.S. Non-Farm Payrolls, CPI, and ECB, BOE, and BOJ policy decisions, each of which will influence the overall risk asset trend. For BTC traders, this is a high-volatility cycle—dovish policies could lead to gains, hawkish policies might push prices to new lows. Liquidity is already thin at year-end, and with global central bank policy shifts expected, caution is advised in the short term.