Recently, I came across a research report from Bank of America, and it revealed a rather interesting signal—the Bank of Japan might take action in mid-December.

What exactly did it say? Their economists predict that at the monetary policy meeting on December 18-19, the interest rate could jump directly from the current 0.5% to 0.75%. Doesn't sound like much, right? But the issue is, this might just be the beginning. At this pace, there could be another hike every six months, with three more rounds from 2026 to 2027.

Why the sudden tightening? The report mentioned several reasons: corporate profits are recovering, wages are indeed rising, and the yen has been so weak lately... All these factors combined do give them a reason to raise rates.

But how does this affect us? Think about it—Japan has been a global low-interest capital pool for years. Now, if they start turning off the tap, will those funds that are used to cheap leverage begin to withdraw? Will high-risk assets—including crypto—become more volatile as a result?

Of course, there’s also another possibility. When liquidity tightens, it might actually push some money to seek out new areas for growth. Historically, at these turning points, opportunities and risks have always come hand in hand.

What do you all think—how much impact will this move have on the market? Is it just short-term pain, or will it change some long-term logic?