Yesterday's CPI data came in below expectations, and the unemployment rate continued to rise. This set of data directly opened the door for rate cuts in 2026. Following that, the Bank of Japan implemented a rate hike, effectively playing the last card.

On the surface, Bitcoin immediately rebounded, and the market was full of voices saying "the downside is exhausted." But such judgments often overlook some details.

Many seasoned traders are aware of one thing—the Bank of Japan's rate hikes have always been characterized by a relatively slow response. Historical data reveals a pattern: the market may not necessarily drop sharply on the day, and it usually takes a few days for the market to fully digest the news.

The key point is that the Bank of Japan has explicitly stated that it will continue to raise rates in the future. The current rate is 0.75%, and the next could be 1%. This means arbitrage opportunities still exist, and the risks have not truly diminished. Next week is the critical period to watch.

Have you noticed that yesterday's rebound tricked many into going long again? Seeing a quick surge, they thought a trend was forming, but what happened? The market just dove.

My trading strategy is straightforward—short around 2970 on Ethereum. The lowest hit was 2772, making the entire move nearly 200 points. Gaining 100 points is just basic; some friends have made thousands of dollars on a single trade.

The most crucial issue now is not whether to go long or short, but the timing. The current market features are very clear: the downside has been realized, but sentiment is swinging back and forth. Fake rallies and dives will become more frequent. Instead of blindly chasing highs and lows, it's better to wait until the market delivers the chips to your hands before acting.

If you catch this wave, the profit can be substantial; if not, there's no need to rush. Wait for another opportunity from the US stock market, and you can still make a good trade. We'll meet again for the next setup.