#比特币价格走势 Yen arbitrage contraction is a key signal that we need to focus on. Glassnode's analysis hits the nail on the head — the market's fear isn't the policy itself, but uncertainty. Now that the Bank of Japan has normalized and released clear expectations, short-term leverage is under pressure, but reduced chaos means the signal is strengthened. This is a positive sign for Bitcoin.

Key insight: After policy pressure is released, Bitcoin often strengthens. Volatility is an opportunity, and this is our golden window for accumulation. Asymmetric upside risks are building up, so we need to stay calm.

What is the current strategy? Continue to monitor new project interactions closely, and don't miss any low-cost airdrop opportunities. With policy clarity, market activity will pick up, and the timing of new project launches often coincides with this shift in expectations. Seize the rhythm, maximize interactions with minimal cost, and wait for this rebound to realize gains.